DFCITY

0.335

+0.055 (+19.6%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS DFCITY GROUP BERHAD ("DFCITY" OR "THE COMPANY") - SALE AND PURCHASE AGREEMENT BETWEEN HOCK HENG GRANITE SDN. BHD. ("HHG") AND VISTA ATLAS SDN. BHD. ("VISTA ATLAS") IN RESPECT OF PROPOSED DISPOSAL OF A CORNER LOT FACTORY LOCATED IN MUKIM BUKIT KATIL, DAERAH MELAKA TENGAH, MELAKA FOR A TOTAL CASH CONSIDERATION OF RM6,350,000.00

DFCITY GROUP BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
DFCITY GROUP BERHAD ("DFCITY" OR "THE COMPANY")
- SALE AND PURCHASE AGREEMENT BETWEEN HOCK HENG GRANITE SDN. BHD. ("HHG") AND VISTA ATLAS SDN. BHD. ("VISTA ATLAS") IN RESPECT OF PROPOSED DISPOSAL OF A CORNER LOT FACTORY LOCATED IN MUKIM BUKIT KATIL, DAERAH MELAKA TENGAH, MELAKA FOR A TOTAL CASH CONSIDERATION OF RM6,350,000.00

The Board of Directors of DFCITY wishes to announce that the Hock Heng Granite Sdn. Bhd. [Registration No. 198801001425 (168782-D)] ("HHG" or "the Vendor"), a wholly-owned subsidiary of the Company had entered into a Sale and Purchase Agreement ("SPA") dated 12 October 2023, with Vista Atlas Sdn. Bhd. [Registration No. 202301024480 (1518403-K)] ("Vista Atlas" or "the Purchaser") for the purpose of disposing of a corner lot factory held under three (3) pieces of leasehold lands for a total consideration of RM6,350,000.00 (the "Consideration") ("Proposed Disposal"). 

 

Please refer to the attachment for the details of the announcement. 

 

This announcement is dated 12 October 2023. 




Please refer attachment below.



Announcement Info

Company Name DFCITY GROUP BERHAD
Stock Name DFCITY
Date Announced 12 Oct 2023
Category General Announcement for PLC
Reference Number GA1-13092023-00049