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FAREAST

2.500

(%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PROPOSED ACQUISITION OF 2,124.5 HECTARES (EQUIVALENT TO 5,249.7 ACRES) OIL PALM PLANTATION LAND INCLUSIVE OF A 40 MT FFB/HOUR RATED CAPACITY PALM OIL MILL ("Property") BY FEHB FROM HARN LEN CORPORATION BHD.

FAR EAST HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
PROPOSED ACQUISITION OF 2,124.5 HECTARES (EQUIVALENT TO 5,249.7 ACRES) OIL PALM PLANTATION LAND INCLUSIVE OF A 40 MT FFB/HOUR RATED CAPACITY PALM OIL MILL ("Property") BY FEHB FROM HARN LEN CORPORATION BHD.

We refer to our earlier announcement dated 29 April 2019 and 12 June 2019 on the Sale and Purchase Agreement ("Agreement") and Suplemental Agreement signed between FEHB and Harn Len Corporation Bhd ("HLCB"or "the vendor") respectively for the Property. 

 

On Behalf of the Board of Directors of FEHB ("the Board"), we would like to announce that FEHB had entered into a Second Supplemental Agreement on 25 July 2019 with HLCB to vary the Agreement to the extent provided for therein.

 

The detail announcement is as per attachment. This announcement is dated 25 July 2019.




Please refer attachment below.



Announcement Info

Company Name FAR EAST HOLDINGS BERHAD
Stock Name FAREAST
Date Announced 25 Jul 2019
Category General Announcement for PLC
Reference Number GA1-18072019-00035