TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS SINMAH CAPITAL BERHAD ("THE COMPANY" OR "SCB") SINMAH DEVELOPMENT SDN. BHD. ("SDSB") - PROPOSED SALE OF PROPERTY TO PERSON CONNECTED TO THE MAJOR SHAREHOLDER AND DIRECTOR OF THE COMPANY AND SDSB, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY ("PROPOSED SALE")
| SINMAH CAPITAL BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | SINMAH CAPITAL BERHAD ("THE COMPANY" OR "SCB")
SINMAH DEVELOPMENT SDN. BHD. ("SDSB")
- PROPOSED SALE OF PROPERTY TO PERSON CONNECTED TO THE MAJOR SHAREHOLDER AND DIRECTOR OF THE COMPANY AND SDSB, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY ("PROPOSED SALE") |
|
The Board of Directors of SCB (“Board”) wishes to announce that Sinmah Development Sdn. Bhd. (“SDSB” or “Vendor”), a wholly-owned subsidiary of SCB, has on 24 December 2019 entered into a Sale and Purchase Agreement (“SPA”) with Fong Hiang Khim, Lucas (“Purchaser” or “Related Party”) for the sale of a unit of single storey semi detached house (“Property”) for a total consideration of RM500,000.00 (“Sale Consideration”) (“the Proposed Sale”).
Please refer to the attachment below for details of the announcement. |
|
Please refer attachment below.
Announcement Info
| Company Name | SINMAH CAPITAL BERHAD |
| Stock Name | SMCAP |
| Date Announced | 24 Dec 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-24122019-00025 |