BTECH

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS BRITE-TECH BERHAD (BTECH OR THE COMPANY) PROPOSED ACQUISITION OF TWO PIECES OF LAND BY BRITE-TECH CORPORATION SDN. BERHAD, A WHOLLY OWNED SUBSIDIARY OF BRITE-TECH BERHAD (PROPOSED ACQUISITION)

BRITE-TECH BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
BRITE-TECH BERHAD (BTECH OR THE COMPANY)

PROPOSED ACQUISITION OF TWO PIECES OF LAND BY BRITE-TECH CORPORATION SDN. BERHAD, A WHOLLY OWNED SUBSIDIARY OF BRITE-TECH BERHAD (PROPOSED ACQUISITION)

The Board of Directors of BTECH wishes to announce that Brite-Tech Corporation Sdn. Berhad (“BCSB”), a wholly owned subsidiary of BTECH, has on 8 October 2020 entered into two (2) Sale and Purchase Agreements (“SPA”) with HST Development Sdn. Bhd. [Registration No. 201001028015 (911934-T)] and Damai Properties Sdn. Bhd. [Registration No. 199401005703 (291382-U)], to acquire two (2) pieces of lands in Mukim Kapar, Daerah Klang, Selangor Darul Ehsan for a total purchase price of Ringgit Malaysia Ten Million Two Hundred Sixty Two Thousand and Three Hundred Seventy Six (RM 10,262,376) upon the terms and conditions as stipulated in the SPA.

Please refer to the attached file for the full announcement on the Proposed Acquisition.

 

This announcement is dated 8 October 2020.




Please refer attachment below.



Announcement Info

Company Name BRITE-TECH BERHAD
Stock Name BTECH
Date Announced 08 Oct 2020
Category General Announcement for PLC
Reference Number GA1-08102020-00059