TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS MAH SING GROUP BERHAD ("MAH SING" OR "COMPANY") PROPOSED ACQUISITION BY MYVILLA DEVELOPMENT SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF MAH SING OF APPROXIMATELY 8.09 ACRES OF LAND WITH APPROVED DEVELOPMENT ORDER IN MUKIM BATU, DAERAH KUALA LUMPUR, NEGERI WILAYAH PERSEKUTUAN KUALA LUMPUR WITH AN ESTIMATED GROSS DEVELOPMENT VALUE OF RM790 MILLION, FOR A TOTAL PURCHASE CONSIDERATION OF RM95,000,000 ("PROPOSED ACQUISITION")
| MAH SING GROUP BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | MAH SING GROUP BERHAD ("MAH SING" OR "COMPANY")
PROPOSED ACQUISITION BY MYVILLA DEVELOPMENT SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF MAH SING OF APPROXIMATELY 8.09 ACRES OF LAND WITH APPROVED DEVELOPMENT ORDER IN MUKIM BATU, DAERAH KUALA LUMPUR, NEGERI WILAYAH PERSEKUTUAN KUALA LUMPUR WITH AN ESTIMATED GROSS DEVELOPMENT VALUE OF RM790 MILLION, FOR A TOTAL PURCHASE CONSIDERATION OF RM95,000,000 ("PROPOSED ACQUISITION") |
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(Unless otherwise defined in this announcement, the terms used throughout this announcement shall have the same meaning as defined in the announcements dated 30 November 2021 and 28 January 2022 in relation to the Proposed Acquisition.)
The Company wishes to announce that the Proposed Acquisition has been completed.
This announcement is dated 16 November 2022. |
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Announcement Info
| Company Name | MAH SING GROUP BERHAD |
| Stock Name | MAHSING |
| Date Announced | 16 Nov 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-16112022-00065 |