HAPSENG

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS HAP SENG CONSOLIDATED BERHAD ("HSCB"/"the Company") - Proposed acquisition of all that parcel of vacant commercial land known as Plot No. 5, Lorong Kuda, Platinum Park, Kuala Lumpur from Sovereign Towers Sdn Bhd (Proposed Platinum Park Acquisition)

HAP SENG CONSOLIDATED BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
HAP SENG CONSOLIDATED BERHAD ("HSCB"/"the Company")
- Proposed acquisition of all that parcel of vacant commercial land known as Plot No. 5, Lorong Kuda, Platinum Park, Kuala Lumpur from Sovereign Towers Sdn Bhd (Proposed Platinum Park Acquisition)

Reference is made to the Appendix A of the Proposed Platinum Park Acquisition as attached in the announcement dated 3 January 2022 in relation to the Proposed Met 3 Acquisition and the announcements dated 24 February 2022, 27 May 2022, 20 June 2022, 25 August 2022 and 24 November 2022 (“Announcements”). Unless otherwise stated, all abbreviations used herein shall have the same meanings as those used in the Announcements.

 

The Board of Directors of Hap Seng Consolidated Berhad is pleased to announce that on even date, Positive Sunland has entered into a supplemental agreement (“Platinum Park SA”) with Sovereign Towers and Registered Proprietor pursuant to which the parties had mutually agreed to extend the Platinum Park Conditional Period by a further period of three (3) months from 23 December 2022 which shall expire on 22 March 2023 to obtain the EPU Approval.

 

The Platinum Park SA is available for inspection at the registered address of HSCB at 21st Floor, Menara Hap Seng, Jalan P. Ramlee, 50250 Kuala Lumpur during normal business hours from Mondays to Fridays (except public holidays) for a period of three (3) months from the date of this announcement.

 

cc: Securities Commission

 

 






Announcement Info

Company Name HAP SENG CONSOLIDATED BERHAD
Stock Name HAPSENG
Date Announced 09 Dec 2022
Category General Announcement for PLC
Reference Number GA1-09122022-00036