TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS DEVELOPMENT RIGHTS AGREEMENT BETWEEN ANEKA SEPAKAT SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF PARAMOUNT CORPORATION BERHAD, AND KUMPULAN HARTANAH SELANGOR BERHAD FOR THE PROPOSED DEVELOPMENT OF TWO (2) CONTIGUOUS PARCELS OF LEASEHOLD COMMERCIAL LAND MEASURING APPROXIMATELY 9.662 ACRES IN TOTAL AREA SITUATED IN SECTION 14, BANDAR PETALING JAYA, DISTRICT OF PETALING, STATE OF SELANGOR DARUL EHSAN
| PARAMOUNT CORPORATION BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | DEVELOPMENT RIGHTS AGREEMENT BETWEEN ANEKA SEPAKAT SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF PARAMOUNT CORPORATION BERHAD, AND KUMPULAN HARTANAH SELANGOR BERHAD FOR THE PROPOSED DEVELOPMENT OF TWO (2) CONTIGUOUS PARCELS OF LEASEHOLD COMMERCIAL LAND MEASURING APPROXIMATELY 9.662 ACRES IN TOTAL AREA SITUATED IN SECTION 14, BANDAR PETALING JAYA, DISTRICT OF PETALING, STATE OF SELANGOR DARUL EHSAN |
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Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as defined in the announcements reference no. GA1-14122017-00113 dated 22 December 2017, GA1-06072018-00014 dated 6 July 2018, GA1-07082018-00043 dated 7 August 2018, GA1-13082018-00068 dated 13 August 2018, GA1-28092018-00120 dated 28 September 2018, GA1-31012019-00207 dated 31 January 2019 and GA1-24122019-00016 dated 5 February 2020 in relation to the Proposed Development.
Reference is made to the Company’s announcements dated 22 December 2017, 6 July 2018, 7 August 2018, 13 August 2018, 28 September 2018, 31 January 2019 and 5 February 2020 in respect of the Proposed Development.
The Board of Paramount wishes to announce that ASSB and KHSB have agreed to extend the Second Phase CP Period to 31 December 2020.
This announcement is dated 6 August 2020. |
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Announcement Info
| Company Name | PARAMOUNT CORPORATION BERHAD |
| Stock Name | PARAMON |
| Date Announced | 06 Aug 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-17012020-00023 |