JSB

0.920

(%)

Proposed disposal of leasehold property (Property) along Jalan Kuala Kangsar, Tasek Industrial Estate, Ipoh, Perak Darul Ridzuan to SLL Machinery Hardware Sdn Bhd (SLL) for a total consideration of RM5,500,000 (Proposed Disposal)

IPMUDA BERHAD

Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-28082020-00001
Subject Proposed disposal of leasehold property (Property) along Jalan Kuala Kangsar, Tasek Industrial Estate, Ipoh, Perak Darul Ridzuan to SLL Machinery Hardware Sdn Bhd (SLL) for a total consideration of RM5,500,000 (Proposed Disposal)
Description
PROPOSED DISPOSAL OF LEASEHOLD PROPERTY ALONG JALAN KUALA KANGSAR, TASEK INDUSTRIAL ESTATE, IPOH, PERAK DARUL RIDZUAN BY IPMUDA ARCHITECTURAL PRODUCTS SDN BHD WHICH IS 80% HELD BY IPMUDA BERHAD AND THE REMAINING 20% DIRECT INTEREST IS HELD BY EAGER VEST SDN BHD WHICH IS IN TURN IS 100% HELD BY IPMUDA BERHAD
Query Letter Contents

We refer to your Company’s announcement dated 25 August 2020 in respect of the aforesaid matter.
 

In this connection, kindly furnish Bursa Securities with the following additional information for public release:-

  1. The encumbrances on the Property, if any.
  2. The build-up areas of  each of the buildings erected on the land.
  3. The particulars of - (i) any liabilities, including contingent liabilities, in relation to the Proposed Disposal which remain with Ipmuda, together with the details and justification for such arrangements; and (ii) any guarantees given by Ipmuda to SLL.

Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.

 

Yours faithfully

LISTING

REGULATION


Cc : Market Surveillance Dept., Securities Commission (via fax)

We refer to the Company’s announcement in relation to the Proposed Disposal dated 25 August 2020 (“Announcement”) and the queries from Bursa Securities dated 28 August 2020 (“Queries”).

 

Please refer to the attachment for additional ifnormation pursuant to the Queries.

 

This announcement is dated 01 September 2020.



Please refer attachment below.



Announcement Info

Company Name IPMUDA BERHAD
Stock Name IPMUDA
Date Announced 01 Sep 2020
Category General Announcement for PLC
Reference Number GA1-01092020-00119