AYS

0.505

-0.005 (-1%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS AYS VENTURES BERHAD ("AYS" OR THE "COMPANY) DISPOSAL OF INVESTMENT PROPERTIES BY ANN YAK SIONG HARDWARE SDN BHD, A WHOLLY OWNED SUBSIDIARY OF THE COMPANY

AYS VENTURES BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
AYS VENTURES BERHAD ("AYS" OR THE "COMPANY) 
DISPOSAL OF INVESTMENT PROPERTIES BY ANN YAK SIONG HARDWARE SDN BHD, A WHOLLY OWNED SUBSIDIARY OF THE COMPANY

The Board of Directors of the Company wishes to announce that the Company’s wholly-owned subsidiary, Ann Yak Siong Hardware Sdn Bhd (“AYSH” or the “Vendor”) had on 4 November 2020 entered into a Sale and Purchase Agreement to dispose of two pieces of freehold industrial land held under No. Hakmilik 22093 and 22094, Mukim Klang, measuring approximately 3.832 acres bearing postal address Lot 15810 and 15819, Jalan Batu Bata, Off Jalan Bukit Kemuning, Seksyen 35, 40470 Shah Alam, Selangor (“Investment Properties”) to Theepa Metals Sdn Bhd (“TMSB” or the “Purchaser”) for a total cash consideration of RM13,019,909.76 (“Consideration Sum”) (“ the Disposal”).

 

Please refer to the attachment for details of the Disposal.

 

This announcement is dated 4 November 2020.




Please refer attachment below.



Announcement Info

Company Name AYS VENTURES BERHAD
Stock Name AYS
Date Announced 04 Nov 2020
Category General Announcement for PLC
Reference Number GA1-30102020-00110