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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS CSH ALLIANCE BERHAD (FORMERLY KNOWN AS KTG BERHAD) ("CSH" OR "THE COMPANY") - PROPOSED ACQUISITION OF A PLOT OF INDUSTRIAL LAND

CSH ALLIANCE BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
CSH ALLIANCE BERHAD (FORMERLY KNOWN AS KTG BERHAD) ("CSH" OR "THE COMPANY") - PROPOSED ACQUISITION OF A PLOT OF INDUSTRIAL LAND

The Board of Directors of CSH wishes to announce that Alliance EV Sdn Bhd (a wholly-owned subsidiary of the Company), has on 20 May 2022, entered into a Sale and Purchase Agreement (“SPA”) with M Xpress Sdn Bhd, to acquire a plot of industrial land identified as Lot No. 54, held under Title No. Pajakan Negeri 10300, Section 20, Bandar Petaling Jaya, District of Petaling, Selangor, with a total land area of approximately 4,314.9538 square metres (approximately 46,446 square feet) for a total cash consideration of RM10 million and subject to the terms and conditions as stipulated in the SPA .

 

Please refer to the attached for further details.


This announcement is dated 20 May 2022.




Please refer attachment below.



Announcement Info

Company Name CSH ALLIANCE BERHAD
Stock Name CSH
Date Announced 20 May 2022
Category General Announcement for PLC
Reference Number GA1-12052022-00027