MRDIY

1.500

+0.02 (+1.4%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS MR D.I.Y. Group (M) Berhad ("MDGM" or "the Company") - Acquisition of 80 units of foreign workers quarter under the Centralised Labour Quarter/Pusat Asrama Pekerja Asing (PAPA) project @ Balakong located at Lot PT 60812 (HSM 23176), Jalan Suria Park 1, Kawasan Perindustrian Kampung Baru Balakong, 43300 Seri Kembangan, Selangor

MR D.I.Y. GROUP (M) BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
MR D.I.Y. Group (M) Berhad ("MDGM" or "the Company")
- Acquisition of 80 units of foreign workers quarter under the Centralised Labour Quarter/Pusat Asrama Pekerja 
  Asing (PAPA) project @ Balakong located at Lot PT 60812 (HSM 23176), Jalan Suria Park 1, Kawasan 
  Perindustrian Kampung Baru Balakong, 43300 Seri Kembangan, Selangor

Pursuant to Paragraph 10.08(1) of the Main Market Listing Requirements (“MMLR”) of Bursa Malaysia Securities Berhad (“Bursa Securities”), the Board of Directors of the Company wishes to announce that Mr D.I.Y. Management Two Sdn. Bhd., a wholly-owned subsidiary of the Company, has on 5 January 2023, entered into Sale and Purchase Agreements with Y5 Development Sdn. Bhd. and U & Location Sdn. Bhd. to purchase 80 units of foreign workers quarter under the Centralised Labour Quarter/Pusat Asrama Pekerja Asing (“PAPA”) project @ Balakong located at Lot PT 60812 (HSM 23176), Jalan Suria Park 1, Kawasan Perindustrian Kampung Baru Balakong, 43300 Seri Kembangan, Selangor for a total purchase consideration of RM13.2 million (“Acquisition”). 

 

Please refer to the attachment for the details of this announcement.

 

This announcement is dated 5 January 2023.




Please refer attachment below.



Announcement Info

Company Name MR D.I.Y. GROUP (M) BERHAD
Stock Name MRDIY
Date Announced 05 Jan 2023
Category General Announcement for PLC
Reference Number GA1-05012023-00066