AJIYA

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS AJIYA BERHAD ("AJIYA" OR THE "COMPANY") ACQUISITION OF TWO PARCELS OF CONTIGUOUS FREEHOLD INDUSTRIAL LAND LOCATED IN MUKIM SETUL, DAERAH SEREMBAN, NEGERI SEMBILAN DARUL KHUSUS BY ASIA ROOFING INDUSTRIES SDN BHD AND AJIYA SAFETY GLASS SDN. BHD., SUBSIDIARIES OWNED BY AJIYA

AJIYA BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
AJIYA BERHAD ("AJIYA" OR THE "COMPANY")
ACQUISITION OF TWO PARCELS OF CONTIGUOUS FREEHOLD INDUSTRIAL LAND LOCATED IN MUKIM SETUL, DAERAH SEREMBAN, NEGERI SEMBILAN DARUL KHUSUS BY ASIA ROOFING INDUSTRIES SDN BHD AND AJIYA SAFETY GLASS SDN. BHD., SUBSIDIARIES OWNED BY AJIYA

The Board of Directors of Ajiya Berhad ("Ajiya" or the "Company") wishes to announce that Asia Roofing Industries Sdn. Bhd. and Ajiya Safety Glass Sdn. Bhd., subsidiaries of the Company have on 11 November 2021 entered into two Sale and Purchase Agreements with Sime Darby Property (Nilai) Sdn. Bhd. for the acquisition of two (2) parcels of contiguous freehold vacant industrial land held under Lot No: IND 02 – PLOT 1/02 and Lot No: IND 03 – PLOT 1/03, both in Mukim Setul, Daerah Seremban, Negeri Sembilan Darul Khusus, measuring approximately 291,852.00 square feet and 397,702.80 square feet respectively, for a total cash consideration of RM34,477,740.00.

 

Further details of the Acquisition are set out in the attachment.

 

This announcement is dated 11 November 2021.




Please refer attachment below.

Attachments

Acquisition of Land.pdf
431.8 kB



Announcement Info

Company Name AJIYA BERHAD
Stock Name AJIYA
Date Announced 11 Nov 2021
Category General Announcement for PLC
Reference Number GA1-11112021-00025