SAB

3.200

(%)

OTHERS Pembinaan Gejati Sdn Bhd ("Gejati"), a wholly owned subsidiary of Southern Acids (M) Berhad ("the Company" or "SAB"), has allowed Bandar Rimbayu Sdn Bhd ("BRSB"), a member of IJM Corporation Berhad group, to construct and maintain a 2.2 km part of a 9.0 km multi-connectivity access road on a small portion (of approximately 20.83 acres) of an estate land (of approximately 644 acres operationally known as "Thangamallay Estate") held under Gejati.

SOUTHERN ACIDS (M) BERHAD

Type Announcement
Subject OTHERS
Description
Pembinaan Gejati Sdn Bhd ("Gejati"), a wholly owned subsidiary of Southern Acids (M) Berhad ("the Company" or "SAB"), has allowed Bandar Rimbayu Sdn Bhd ("BRSB"), a member of IJM Corporation Berhad group, to construct and maintain a 2.2 km part of a 9.0 km multi-connectivity access road on a small portion (of approximately 20.83 acres) of an estate land (of approximately 644 acres operationally known as "Thangamallay Estate") held under Gejati.

This announcement is now made pursuant to the announcements made on 23 August 2016 and 28 June 2021 wherein the Company had addressed certain queries raised by the Company's shareholders on developments relating to the Thangamallay Estate.


The Board of Directors of the Company wishes to announce that the Company had on 23 June 2023 completed the surrender of a portion of land where the 960m of the 2.2km multi-connectivity access road is situated to the Land Office of Kuala Langat.


This announcement is dated 23 June 2023.






Announcement Info

Company Name SOUTHERN ACIDS (M) BERHAD
Stock Name SAB
Date Announced 23 Jun 2023
Category General Announcement for PLC
Reference Number GA1-23062023-00059