TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SUPERMAX CORPORATION BERHAD ("SUPERMAX" OR "THE COMPANY") PROPOSED ACQUISITION BY MAXTER GLOVE MANUFACTURING SDN BHD ("MAXTER"), A WHOLLY-OWNED SUBSIDIARY OF SUPERMAX, OF AN INDUSTRIAL LAND LOCATED AT HSD 145228, PT 70824, MUKIM KAPAR, DISTRUCT OF KLANG, SELANGOR DARUL EHSAN ("INDUSTRIAL LAND") FOR A TOTAL CONSIDERATION OF RM20,000,000.00
| SUPERMAX CORPORATION BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | SUPERMAX CORPORATION BERHAD ("SUPERMAX" OR "THE COMPANY")
PROPOSED ACQUISITION BY MAXTER GLOVE MANUFACTURING SDN BHD ("MAXTER"), A WHOLLY-OWNED SUBSIDIARY OF SUPERMAX, OF AN INDUSTRIAL LAND LOCATED AT HSD 145228, PT 70824, MUKIM KAPAR, DISTRUCT OF KLANG, SELANGOR DARUL EHSAN ("INDUSTRIAL LAND") FOR A TOTAL CONSIDERATION OF RM20,000,000.00 |
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Reference is made to the announcement dated 13 March 2020. Unless otherwise stated, defined terms used in this announcement shall have the same meaning as those used in the announcement. The Board of Directors of Supermax Corporation Berhad ("Supermax") wishes to elaborate that the size of the land area of Industrial Land, which is 16,654 square meters (4.115 acres) referred to is the nett land area after excluding land reserved to surrender for the buffer zone, set-back for roads and drainage. The gross land area measures is 5 acres. This announcement is dated 17 March 2020. |
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Announcement Info
| Company Name | SUPERMAX CORPORATION BERHAD |
| Stock Name | SUPERMX |
| Date Announced | 17 Mar 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-17032020-00033 |