SAM

4.980

-0.06 (-1.2%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SAM ENGINEERING & EQUIPMENT (M) BERHAD ("SAMEE" or "COMPANY") -PROPOSED ACQUISITION OF ALL THAT PIECE OF LAND LOCATED AT 88/22 MOO 2 TAMBON NONG CHAK, AMPHOE BAN BUENG, CHONBURI WITH AREA OF APPROXIMATELY 57-3-17 RAI TOGETHER WITH ALL BUILDING CONSTRUCTED THEREON ("PROPERTY") BY A SUBSIDIARY OF THE COMPANY, SAM PRECISION (THAILAND) LIMITED ("SPT") ("PROPOSED ACQUISITION")

SAM ENGINEERING & EQUIPMENT (M) BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
SAM ENGINEERING & EQUIPMENT (M) BERHAD ("SAMEE" or "COMPANY")

-PROPOSED ACQUISITION OF ALL THAT PIECE OF LAND LOCATED AT 88/22 MOO 2 TAMBON NONG CHAK, AMPHOE BAN BUENG, CHONBURI WITH AREA OF APPROXIMATELY 57-3-17 RAI TOGETHER WITH ALL  BUILDING CONSTRUCTED THEREON ("PROPERTY") BY A SUBSIDIARY OF THE COMPANY, SAM PRECISION (THAILAND) LIMITED ("SPT") ("PROPOSED ACQUISITION")

The Board of Directors of SAMEE wishes to announce that a subsidiary of the Company, SAM Precision (Thailand) Limited (hereinafter referred to as “SPT” or “the Purchaser”) has on 30 August 2022 entered into a conditional Sale and Purchase Agreement (“SPA”) with T.M.C Industrial Public Company Limited (“T.M.C” or “the Vendor”) for the acquisition of the Property for a total purchase consideration of THB 660,000,000 (Six Hundred Sixty Million Thailand Baht) or equivalent to approximately RM81,245,000 only subject to the terms and conditions as stipulated in the SPA.

 

Kindly refer to the attached file for details of the announcement.

 

This announcement is dated 30 August 2022.




Please refer attachment below.



Announcement Info

Company Name SAM ENGINEERING & EQUIPMENT (M) BERHAD
Stock Name SAM
Date Announced 30 Aug 2022
Category General Announcement for PLC
Reference Number GA1-30082022-00061