APOLLO

7.150

+0.2 (+2.9%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PROPOSED DISPOSAL OF VACANT LANDS BY APOLLO FOOD INDUSTRIES (M) SDN. BHD. TO HA TENG HOLDINGS SDN BHD (202301016371 (1510293­M)) (PROPOSED DISPOSAL or the DISPOSAL)

APOLLO FOOD HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
PROPOSED DISPOSAL OF VACANT LANDS BY APOLLO FOOD INDUSTRIES (M) SDN. BHD. TO HA TENG HOLDINGS SDN BHD (202301016371 (1510293­M)) (PROPOSED DISPOSAL or the DISPOSAL)

The Board of the Directors of APOLLO wishes to announce that APOLLO FOOD INDUSTRIES (M) SDN. BHD. (“AFISB” or the “Vendor”), a wholly-owned subsidiary of APOLLO had on 30 May 2023 entered into a Sale and Purchase Agreement (“SPA”) with HA TENG HOLDINGS SDN BHD (202301016371 (1510293­M)) (“HTHSB” or the “Purchaser”) for the proposed disposal of following vacant freehold lands en bloc for a total cash sale consideration of Ringgit Malaysia Thirty-Three Million Eight Hundred Seventy Thousand Eight Hundred Fifty-Two (RM33,870,852.00) only, subject to terms and conditions as stipulated in the SPA.

The Details of Announcement is attached. 

This announcement is dated 30 May 2023. 




Please refer attachment below.



Announcement Info

Company Name APOLLO FOOD HOLDINGS BERHAD
Stock Name APOLLO
Date Announced 30 May 2023
Category General Announcement for PLC
Reference Number GA1-13042023-00047