AMTEL

0.585

-0.015 (-2.5%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS AMTEL HOLDINGS BERHAD ("AHB" OR "COMPANY") ACQUISITION BY AHB OF A PARCEL OF FREEHOLD INDUSTRIAL LAND HELD UNDER GERAN 215243, LOT 61862, BANDAR GLENMARIE, DISTRICT OF PETALING, STATE OF SELANGOR DARUL EHSAN TOGETHER WITH A FOUR-STOREY OFFICE/FACTORY BUILDING ERECTED THEREON FOR A CASH CONSIDERATION OF RM18.88 MILLION ("ACQUISITION")

AMTEL HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
AMTEL HOLDINGS BERHAD ("AHB" OR "COMPANY")

ACQUISITION BY AHB OF A PARCEL OF FREEHOLD INDUSTRIAL LAND HELD UNDER GERAN 215243, LOT 61862, BANDAR GLENMARIE, DISTRICT OF PETALING, STATE OF SELANGOR DARUL EHSAN TOGETHER WITH A FOUR-STOREY OFFICE/FACTORY BUILDING ERECTED THEREON FOR A CASH CONSIDERATION OF RM18.88 MILLION ("ACQUISITION")

We refer to the announcements made on 30 October 2019, 10 January 2020, 13 January 2020 and 5 February 2020 in relation to the Acquisition (“Announcements”). For consistency purposes, the abbreviations used in this announcement shall carry the same meaning as those defined in the Announcements.

 

On behalf of the Board of Directors of AHB, Mercury Securities Sdn Bhd is pleased to announce that the Company has on 18 June 2020 received confirmation in writing from the Vendor’s solicitors that AHB’s obligations under the SPA has been fulfilled on 18 June 2020, marking the completion of the Acquisition.

 

This announcement is dated 19 June 2020.






Announcement Info

Company Name AMTEL HOLDINGS BERHAD
Stock Name AMTEL
Date Announced 19 Jun 2020
Category General Announcement for PLC
Reference Number GA1-19062020-00106