NAMFATT

(%)

Nam Fatt Corporation Berhad (“Nam Fatt” or “Company”) - Disposal of development lands by Agenda Istimewa Sdn Bhd, a whole-owned subsidiary of Nam Fatt for a cash consideration of RM8.3 million (Disposal)

NAM FATT CORPORATION BERHAD

TypeAnnouncement
SubjectNam Fatt Corporation Berhad (“Nam Fatt” or “Company”)
- Disposal of development lands by Agenda Istimewa Sdn Bhd, a whole-owned subsidiary of Nam Fatt for a cash consideration of RM8.3 million (Disposal)
ContentsThe Board of the Directors of Nam Fatt wishes to announce that Agenda Istimewa Sdn Bhd (AISB or Vendor), a wholly-owned subsidiary of Nam Fatt has on 23 November 2010 entered into a Sale and Purchase Agreement (SPA) with Premium Bahagia Sdn Bhd (Purchaser) for the disposal of development lands, the description of which is set out below (AISB Lands) for a total cash consideration of Ringgit Malaysia (RM) 8.3 million only (Disposal Consideration).

Please refer to the attachment for the details of the Disposal.

This announcement is dated 23 November 2010.


Announcement Info

Company NameNAM FATT CORPORATION BERHAD  
Stock Name NAMFATT    
Date Announced23 Nov 2010  
CategoryGeneral Announcement
Reference NoNF-101123-63354