TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS MMIS BERHAD ("MMIS" OR THE "COMPANY") PROPOSED ACQUISITION OF A PARCEL OF INDUSTRIAL LAND TOGETHER WITH BUILDINGS CONSTRUCTED THEREON LOCATED AT PLOT 84, JALAN JOHAN 1/2, KAWASAN PERINDUSTRIAN PENGKALAN II, 31550 PUSING, PERAK BY MULTI MOULD INDUSTRIES SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF MMIS ("MULTI MOULD") FROM FOONG KIM YEN & SONS ENGINEERING WORKS SDN BHD FOR A CASH CONSIDERATION OF RM11.5 MILLION ("PROPOSED ACQUISITION")
| MMIS BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | MMIS BERHAD ("MMIS" OR THE "COMPANY")
PROPOSED ACQUISITION OF A PARCEL OF INDUSTRIAL LAND TOGETHER WITH BUILDINGS CONSTRUCTED THEREON LOCATED AT PLOT 84, JALAN JOHAN 1/2, KAWASAN PERINDUSTRIAN PENGKALAN II, 31550 PUSING, PERAK BY MULTI MOULD INDUSTRIES SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF MMIS ("MULTI MOULD") FROM FOONG KIM YEN & SONS ENGINEERING WORKS SDN BHD FOR A CASH CONSIDERATION OF RM11.5 MILLION ("PROPOSED ACQUISITION") |
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On behalf of the Board of Directors of MMIS, Mercury Securities Sdn Bhd wishes to announce that Multi Mould had on 8 July 2022 entered into a conditional sale and purchase agreement with Foong Kim Yen & Sons Engineering Works Sdn Bhd for the proposed acquisition of a parcel of industrial land together with buildings constructed thereon located at Plot 84, Jalan Johan 1/2, Kawasan Perindustrian Pengkalan II, 31550 Pusing, Perak measuring approximately 40,054 square metres for a cash consideration of RM11.5 million.
Please refer to the attachment for further details of the Proposed Acquisition.
This announcement is dated 8 July 2022. |
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Please refer attachment below.
Announcement Info
| Company Name | MMIS BERHAD |
| Stock Name | MMIS |
| Date Announced | 08 Jul 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-08072022-00070 |