MAHJAYA

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Circular/Notice to Shareholders

MAHAJAYA BERHAD

Subject

CIRCULAR TO SHAREHOLDERS IN RELATION TO

PART A
PROPOSED JOINT VENTURE BETWEEN MEDAN DAMAI SDN BHD, A WHOLLY- OWNED SUBSIDIARY OF MAHAJAYA BERHAD AND GRAND PRESTIGE DEVELOPMENT SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF MAH SING GROUP BERHAD, TO JOINTLY DEVELOP A PORTION OF TAMAN DAMAI UTAMA, KINRARA, PUCHONG FORMING 180 PARCELS OF LEASEHOLD LAND MEASURING IN
AGGREGATE APPROXIMATELY 7.59 ACRES (NET) LOCATED IN THE MUKIM OF PETALING, DAERAH PETALING, SELANGOR DARUL EHSAN (“PROPOSED JOINT VENTURE”)

PART B
PROPOSED DISPOSAL OF 3 PORTIONS OF TAMAN DAMAI UTAMA, KINRARA, PUCHONG FORMING 907 PARCELS OF LEASEHOLD LAND MEASURING IN AGGREGATE APPROXIMATELY 51.38 ACRES (NET) LOCATED IN THE MUKIM OF PETALING, DAERAH PETALING, SELANGOR DARUL EHSAN, BY MEDAN DAMAI SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF MAHAJAYA BERHAD TO LEGEND GRAND DEVELOPMENT SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF MAH SING GROUP BERHAD FOR A TOTAL CASH CONSIDERATION OF RM178,396,136.15
(“PROPOSED DISPOSAL”)

Attachments

MAHJAYA-Circular.pdf
2457 KB

Announcement Info

Company Name	MAHAJAYA BERHAD
Stock Name	MAHJAYA
Date Announced	20 Sept 2010
Category	Document Receipt
Reference No	JM-100920-54061

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