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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS DAMANSARA HOLDINGS BERHAD (FORMERLY KNOWN AS DAMANSARA REALTY BERHAD) ("DBHD" OR THE "COMPANY") PROPOSED DISPOSAL

DAMANSARA HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
DAMANSARA HOLDINGS BERHAD (FORMERLY KNOWN AS DAMANSARA REALTY BERHAD) ("DBHD" OR THE "COMPANY")

PROPOSED DISPOSAL

(Unless otherwise stated, all abbreviations and definitions used herein shall have the same meaning as those used in the Company’s announcement dated 22 April 2021)

 

Reference is made to the Company’s announcements dated 22 April 2021, 23 April 2021, 8 July 2021 and 29 July 2021 in relation to the Proposed Disposal.

 

On behalf of the Board, Mercury Securities wishes to announce that DAC Land Sdn Bhd (an indirect wholly-owned subsidiary of DBhd) and the Purchaser (vide its letter dated 6 October 2021, which was received by DAC Land Sdn Bhd on 12 October 2021) had agreed to extend the Conditions Precedent Period to fulfil the conditions precedent of the SPA, which is expiring on 21 October 2021 for a period of 3 months until 21 January 2022.

 

This announcement is dated 13 October 2021.






Announcement Info

Company Name DAMANSARA HOLDINGS BERHAD
Stock Name DBHD
Date Announced 13 Oct 2021
Category General Announcement for PLC
Reference Number GA1-13102021-00076