THPLANT

0.730

-0.005 (-0.7%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS TH PLANTATIONS BERHAD ("THP" OR "THE COMPANY")- PROPOSED DISPOSALS OF 100% EQUITY INTERESTS IN BUMI SURIA VENTURES SDN BHD AND MAJU WARISANMAS SDN BHD

Amended Announcements
Please refer to the earlier announcement reference number: GA1-05122019-00024

TH PLANTATIONS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
TH PLANTATIONS BERHAD ("THP" OR "THE COMPANY")-
PROPOSED DISPOSALS OF 100% EQUITY INTERESTS IN BUMI SURIA VENTURES SDN BHD AND MAJU WARISANMAS SDN BHD

We refer to our announcement made on 5 December 2019 in relation to the Proposed Disposals.

 

The Company wishes to make amendments to the details of the Proposed Disposal (Page 8 of 14) as follows:

 

3.0      RATIONALE FOR THE PROPOSED DISPOSALS

 

The comparison of projection and the actual total production of FFB of BSV Lands and MW Land were as follows:

 

Year

Projection (mt)

Actual (mt)

% Achieved from Projection

2014 67,990 27,605 40.6%
2015 97,320 31,621 32.5%
2016 121,890 24,841 20.4%
2017 136,190 45,105 33.1%
2018 145,630 52,040 35.7%

 

 

 

Save for the above, there are no other amendments to the announcement.

 

This announcement is dated 6 December 2019.

 






Announcement Info

Company Name TH PLANTATIONS BERHAD
Stock Name THPLANT
Date Announced 06 Dec 2019
Category General Announcement for PLC
Reference Number GA1-06122019-00037