TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS DUTCH LADY MILK INDUSTRIES BERHAD ("DLMI") - PROPOSED ACQUISITION BY DLMI OF THREE (3) PARCELS OF FREEHOLD LAND HELD UNDER GERAN 270934 LOT NO. 61320, GERAN 270935 LOT NO. 61321 AND GERAN 270936 LOT NO. 61322 IN MUKIM OF BANDAR BARU ENSTEK, DISTRICT OF SEREMBAN, STATE OF NEGERI SEMBILAN MEASURING APPROXIMATELY 40470 SQUARE METERS, 40570 SQUARE METERS AND 50860 SQUARE METERS RESPECTIVELY, FROM PELABURAN HARTANAH BERHAD FOR A TOTAL CASH CONSIDERATION OF RM56,790,320.00 ("PROPOSED ACQUISITION")
| DUTCH LADY MILK INDUSTRIES BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | DUTCH LADY MILK INDUSTRIES BERHAD ("DLMI") -
PROPOSED ACQUISITION BY DLMI OF THREE (3) PARCELS OF FREEHOLD LAND HELD UNDER GERAN 270934 LOT NO. 61320, GERAN 270935 LOT NO. 61321 AND GERAN 270936 LOT NO. 61322 IN MUKIM OF BANDAR BARU ENSTEK, DISTRICT OF SEREMBAN, STATE OF NEGERI SEMBILAN MEASURING APPROXIMATELY 40470 SQUARE METERS, 40570 SQUARE METERS AND 50860 SQUARE METERS RESPECTIVELY, FROM PELABURAN HARTANAH BERHAD FOR A TOTAL CASH CONSIDERATION OF RM56,790,320.00 ("PROPOSED ACQUISITION") |
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Further to our announcement of 18 March 2020, 20 March 2020 and the Circular to Shareholders dated 23 June 2020 on the Proposed Acquisition, the Board of Directors of DLMI wishes to announce that all the Conditions Precedent set out in the Sale and Purchase Agreement (SPA) have been fulfilled and accordingly the SPA has become unconditional. This announcement is dated 20 October 2020. |
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Announcement Info
| Company Name | DUTCH LADY MILK INDUSTRIES BERHAD |
| Stock Name | DLADY |
| Date Announced | 20 Oct 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-20102020-00063 |