MAHSING

1.230

(%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS MAH SING GROUP BERHAD ("MAH SING" OR "COMPANY") PROPOSED ACQUISITION BY MAXIM HEIGHTS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF MAH SING OF APPROXIMATELY 4.515 ACRES OF LAND WITH APPROVED DEVELOPMENT ORDER IN WANGSA MELAWATI, MUKIM SETAPAK, DAERAH KUALA LUMPUR WITH AN ESTIMATED GROSS DEVELOPMENT VALUE OF RM378 MILLION, FOR A TOTAL PURCHASE CONSIDERATION OF RM61,974,077.32 ("PROPOSED ACQUISITION")

MAH SING GROUP BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
MAH SING GROUP BERHAD ("MAH SING" OR "COMPANY")   

PROPOSED ACQUISITION BY MAXIM HEIGHTS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF MAH SING OF APPROXIMATELY 4.515 ACRES OF LAND WITH APPROVED DEVELOPMENT ORDER IN WANGSA MELAWATI, MUKIM SETAPAK, DAERAH KUALA LUMPUR WITH AN ESTIMATED GROSS DEVELOPMENT VALUE OF RM378 MILLION, FOR A TOTAL PURCHASE CONSIDERATION OF RM61,974,077.32 ("PROPOSED ACQUISITION")

We refer to the announcements dated 6 August 2019, 5 September 2019 and 25 October 2019 in relation to the Proposed Acquisition. Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the said announcements.

The Board of Directors of Mah Sing wishes to announce that the Proposed Acquisition has been completed.

This announcement is dated 5 December 2019.






Announcement Info

Company Name MAH SING GROUP BERHAD
Stock Name MAHSING
Date Announced 05 Dec 2019
Category General Announcement for PLC
Reference Number GA1-02122019-00073