TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS NEXGRAM HOLDINGS BERHAD ("NEXGRAM" OR THE "COMPANY") DISPOSAL OF ONE BLOCK OF 11-STOREY STRATIFIED OFFICE BUILDING, BLOCK 1 (TYPE E), THE HORIZON, BANGSAR SOUTH, KNOWN AS NEXGRAM TOWER, BY COCONUT THREE SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF NEXGRAM, TO IMS DEVELOPMENT SDN BHD FOR A CASH CONSIDERATION OF RM67,000,000 ("DISPOSAL")
| NEXGRAM HOLDINGS BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | NEXGRAM HOLDINGS BERHAD ("NEXGRAM" OR THE "COMPANY")
DISPOSAL OF ONE BLOCK OF 11-STOREY STRATIFIED OFFICE BUILDING, BLOCK 1 (TYPE E), THE HORIZON, BANGSAR SOUTH, KNOWN AS NEXGRAM TOWER, BY COCONUT THREE SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF NEXGRAM, TO IMS DEVELOPMENT SDN BHD FOR A CASH CONSIDERATION OF RM67,000,000 ("DISPOSAL") |
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We refer to the announcements made on 3 January 2019, 25 March 2019, 30 May 2019, 7 August 2019, 8 August 2019 and 23 August 2019 in relation to the Disposal (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.
On behalf of the Board, TA Securities wishes to announce that the Disposal has been completed on 25 June 2020 in accordance with the terms and conditions of the SPA.
This announcement is dated 25 June 2020. |
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Announcement Info
| Company Name | NEXGRAM HOLDINGS BERHAD |
| Stock Name | NEXGRAM |
| Date Announced | 25 Jun 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-25062020-00044 |