KNUSFOR

0.810

+0.01 (+1.2%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS ACQUISITION OF EKOCHERAS PROPERTIES BY OUR WHOLLY-OWNED SUBSIDIARY, KNUSFORD HOLDINGS SDN. BHD. (KHSB), FROM A RELATED PARTY

KNUSFORD BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
ACQUISITION OF EKOCHERAS PROPERTIES BY OUR WHOLLY-OWNED SUBSIDIARY, KNUSFORD HOLDINGS SDN. BHD. (KHSB), FROM A RELATED PARTY

The Board of Directors of Knusford Berhad (“KB”) wishes to announce that its wholly-owned subsidiary, Knusford Holdings Sdn. Bhd. (“KHSB”) had on 1 October 2020 entered into 2 Sale and Purchase Agreements (“SPAs”) with Ekovest Capital Sdn. Bhd. (“Ekovest Capital” or “Vendor”) to acquire 2 units of properties in EkoCheras for a total consideration of RM1,119,440.65 (“Proposed Acquisitions”).

 

Please refer to the attachment for further details on the Proposed Acqusitions.

 

This announcement is dated 1 October 2020.




Please refer attachment below.



Announcement Info

Company Name KNUSFORD BERHAD
Stock Name KNUSFOR
Date Announced 01 Oct 2020
Category General Announcement for PLC
Reference Number GA1-01102020-00044