TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS CAN-ONE BERHAD ("THE COMPANY" OR "COB") - PROPOSED ACQUISITION OF FREEHOLD VACANT LANDS LOCATED AT JALAN AKOB, KAPAR, KLANG, SELANGOR DARUL EHSAN BY INDIRECT WHOLLY-OWNED SUBSIDIARY, BINTANG SERIBU SDN BHD FROM GOLDEN VALLEY INDUSTRIES SDN BHD, A SUBSIDIARY OF KLANGGROUP HOLDINGS SDN BHD, AT A TOTAL CASH CONSIDERATION OF RM103,554,411.10 ONLY INCLUSIVE OF SALES TAX (IF APPLICABLE) ("PROPOSED ACQUISITION")
| CAN-ONE BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | CAN-ONE BERHAD ("THE COMPANY" OR "COB")
- PROPOSED ACQUISITION OF FREEHOLD VACANT LANDS LOCATED AT JALAN AKOB, KAPAR, KLANG, SELANGOR DARUL EHSAN BY INDIRECT WHOLLY-OWNED SUBSIDIARY, BINTANG SERIBU SDN BHD FROM GOLDEN VALLEY INDUSTRIES SDN BHD, A SUBSIDIARY OF KLANGGROUP HOLDINGS SDN BHD, AT A TOTAL CASH CONSIDERATION OF RM103,554,411.10 ONLY INCLUSIVE OF SALES TAX (IF APPLICABLE) ("PROPOSED ACQUISITION") |
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Kindly refer to the attachment for additional information in respect of the Proposed Acqusition.
This announcement is dated 15 July 2020. |
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Please refer attachment below.
Announcement Info
| Company Name | CAN-ONE BERHAD |
| Stock Name | CANONE |
| Date Announced | 15 Jul 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-15072020-00056 |