TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS HHRG BERHAD (FORMERLY KNOWN AS HENG HUAT RESOURCES GROUP BERHAD) (HHRG" OR "THE COMPANY") ACQUIRE A PIECE OF VACANT INDUSTRIAL LEASEHOLD LAND (THE "PROPOSED ACQUISITION")
| HHRG BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | HHRG BERHAD (FORMERLY KNOWN AS HENG HUAT RESOURCES GROUP BERHAD) (HHRG" OR "THE COMPANY") ACQUIRE A PIECE OF VACANT INDUSTRIAL LEASEHOLD LAND (THE "PROPOSED ACQUISITION") |
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The Board of Directors (“Board”) of HHRG wishes to announce that the Company had on 23 June 2023, accepted the Letter of Irrevocable Offer (”LO”) from Jeenhuat Foodstuffs Industries Sdn Berhad ("JEENHUAT”), for acceptance to acquire a piece of vacant industrial leasehold land known as Lot 20164, Mukim 13, Daerah Seberang Perai Tengah, Pulau Pinang held under No. Hakmilik PN 10902 (the “Land”) for a total purchase consideration of RM15,742,250-00 ("Purchase Consideration") (the “Proposed Acquisition”). Please refer to the attachment for further details of the Proposed Acquisition.
This announcement is dated 23 June 2023. |
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Please refer attachment below.
Announcement Info
| Company Name | HHRG BERHAD |
| Stock Name | HHRG |
| Date Announced | 23 Jun 2023 |
| Category | General Announcement for PLC |
| Reference Number | GA1-23062023-00041 |