TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PASDEC HOLDINGS BERHAD ("PASDEC" OR "Company") JOINT VENTURE AGREEMENT BETWEEN PASDEC CORPORATION SDN. BHD. AND SEDIMI PROPERTY DEVELOPMENT SDN. BHD. FOR THE DEVELOPMENT OF LAND AT BANDAR INDERA MAHKOTA, KUANTAN, PAHANG ("Proposed Development")
| PASDEC HOLDINGS BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | PASDEC HOLDINGS BERHAD ("PASDEC" OR "Company")
JOINT VENTURE AGREEMENT BETWEEN PASDEC CORPORATION SDN. BHD. AND SEDIMI PROPERTY DEVELOPMENT SDN. BHD. FOR THE DEVELOPMENT OF LAND AT BANDAR INDERA MAHKOTA, KUANTAN, PAHANG ("Proposed Development") |
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The Board of Directors of PASDEC (“Board”) wishes to announce that the Company's wholly-owned subsidiary, Pasdec Corporation Sdn. Bhd. (“PCSB” or “Landowner”), had on 30 January 2023 entered into a Joint Venture Agreement (“Agreement”) with Sedimi Property Development Sdn. Bhd. ("SPDSB" or “Developer”) for the development of land at Bandar Indera Mahkota, Mukim Kuala Kuantan, District of Kuantan, Pahang.
Further details on the Proposed Development is set out in the ensuing attachment.
This announcement is dated 30 January 2023. |
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Please refer attachment below.
Announcement Info
| Company Name | PASDEC HOLDINGS BERHAD |
| Stock Name | PASDEC |
| Date Announced | 30 Jan 2023 |
| Category | General Announcement for PLC |
| Reference Number | GA1-30012023-00070 |