CABNET

0.295

(%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS Cabnet Holdings Berhad (Cabnet or the Company) - Sale and Purchase Agreement enter by Cabnet M&E Sdn. Bhd., a wholly-owned subsidiary of Cabnet.

CABNET HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
Cabnet Holdings Berhad (Cabnet or the Company)
-	Sale and Purchase Agreement enter by Cabnet M&E Sdn. Bhd., a wholly-owned subsidiary of Cabnet.

Pursuant to Rule 10.08 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors’ of Cabnet wishes to announce that on 10 March 2023, the Company's wholly owned subsidiary, Cabnet M&E Sdn. Bhd. (formerly known as Cee M&E Engineering Sdn. Bhd.) (“the Vendor”) has entered into a Sale and Purchase Agreement with Darshini Naidu A/P Murugesu and Darshen Naidu A/L Murugesu (“the Purchaser”) for the disposal of a unit of serviced apartment held under Strata Title Geran 537924/M1A/22/172 Lot 48351 Bandar Johor Bahru, District of Johor Bahru, State of Johor at the purchase price of Ringgit Malaysia Seven Hundred and Fifty Thousand (RM750,000-00) only.

 

Full details of the announcement are as attached.

 

This announcement is dated 10 March 2023.




Please refer attachment below.



Announcement Info

Company Name CABNET HOLDINGS BERHAD
Stock Name CABNET
Date Announced 10 Mar 2023
Category General Announcement for PLC
Reference Number GA1-10032023-00025