EUROSP

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS Eurospan Holdings Berhad ("Eurospan" or the "Company") Proposed disposal of property by Dynaspan Furniture Sdn. Bhd. ("DFSB"), a wholly owned subsidiary of Eurospan.

EUROSPAN HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
Eurospan Holdings Berhad ("Eurospan" or the "Company") 

Proposed disposal of property by Dynaspan Furniture Sdn. Bhd. ("DFSB"), a wholly owned subsidiary of Eurospan.

The Board of Directors of Eurospan wishes to announce that DFSB had on 3rd March 2023 entered into a Sale and Purchase Agreement (“SPA”) with Mr. Khoo Kok Seang, Mr. Khoo Kay Sen and Mr. Khoo Yi Sen ("Purchaser") to dispose of all that unexpired term of 60-year lease under Presentation no. 400/1982 Jil. 1 Fol. 19 held under all that piece of leasehold land known as No. Hakmilik Pajakan Mukim 242, No. Lot 1286, Seksyen 38, Bandar Kulim, Tempat Kawasan Perusahaan Kulim, Daerah Kulim, Negeri Kedah bearing assessment address at Lot 14, Jalan Perusahaan, Kawasan Perusahaan Kulim, 09000 Kulim, Kedah together with a single storey office cum factory building erected thereon by DFSB to the Purchaser for a total cash consideration of RM6,950,000.00 subject to the terms and conditions as stipulated in the SPA ("Proposed Disposal").

 

Please refer to the attached file for details.

 

This announcement is dated 3rd March 2023




Please refer attachment below.



Announcement Info

Company Name EUROSPAN HOLDINGS BERHAD
Stock Name EUROSP
Date Announced 03 Mar 2023
Category General Announcement for PLC
Reference Number GA1-02032023-00011