FM

0.530

-0.01 (-1.9%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS FM GLOBAL LOGISTICS HOLDINGS BERHAD (FORMERLY KNOWN AS FREIGHT MANAGEMENT HOLDINGS BHD.) ("THE COMPANY") PROPOSED ACQUISITION OF TWO PARCELS OF CONTIGUOUS LEASEHOLD LAND MEASURING APPROXIMATELY 29,057.3 SQUARE METRES LOCATED AT TEMPAT SELAT KLANG UTARA, MUKIM KAPAR, DAERAH KLANG, SELANGOR BY FM GLOBAL LOGISTICS (M) SDN. BHD ("FMGLM"), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, FOR A TOTAL CASH CONSIDERATION OF RM22.198 MILLION (COLLECTIVELY REFERRED TO AS THE "PROPOSED ACQUISITIONS") - UPDATE

FM GLOBAL LOGISTICS HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
FM GLOBAL LOGISTICS HOLDINGS BERHAD (FORMERLY KNOWN AS FREIGHT MANAGEMENT HOLDINGS BHD.) ("THE COMPANY")

PROPOSED ACQUISITION OF TWO PARCELS OF CONTIGUOUS LEASEHOLD LAND MEASURING APPROXIMATELY 29,057.3 SQUARE METRES LOCATED AT TEMPAT SELAT KLANG UTARA, MUKIM KAPAR, DAERAH KLANG, SELANGOR BY FM GLOBAL LOGISTICS (M) SDN. BHD ("FMGLM"), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, FOR A TOTAL CASH CONSIDERATION OF RM22.198 MILLION (COLLECTIVELY REFERRED TO AS THE "PROPOSED ACQUISITIONS") - UPDATE

Unless otherwise stated, all defined terms used in this announcement shall have the same meanings as those used in the announcements of 27 May 2021 and 11 June 2021.

The Board wishes to announce that the Proposed Acquisitions have been duly completed on 28 February 2022.

This announcement is dated 28 February 2022.  






Announcement Info

Company Name FM GLOBAL LOGISTICS HOLDINGS BERHAD
Stock Name FM
Date Announced 28 Feb 2022
Category General Announcement for PLC
Reference Number GA1-28022022-00066