BDB

0.375

-0.005 (-1.3%)

OTHERS Chapter 10 Transaction by a Non-Listed Wholly Owned Subsidiary Company of Bina Darulaman Berhad ("BDB/The Company")

BINA DARULAMAN BERHAD

Type Announcement
Subject OTHERS
Description
Chapter 10 Transaction by a Non-Listed Wholly Owned Subsidiary Company of  Bina Darulaman Berhad ("BDB/The Company")

The Board of Directors of BDB is pleased to announce that its wholly-owned subsidiary company, BDB Land Sdn Bhd ("BLSB") wishes to dispose its 93.6972 hectares of freehold agriculture land in Kuala Ketil, District of Baling, Kedah Darul Aman for RM48 million which is slightly above market price of RM45.7 million. Critical to do so for the BDB turnaround effort and has been deeply considered by BDB Board the three (3) meetings.

 

Please refer detailed announcement as attached.




Please refer attachment below.



Announcement Info

Company Name BINA DARULAMAN BERHAD
Stock Name BDB
Date Announced 17 Sep 2019
Category General Announcement for PLC
Reference Number GA1-10092019-00033