MEDIAC

0.085

+0.005 (+6.3%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS Media Chinese International Limited ("the Company") - Proposed Disposal of Property

MEDIA CHINESE INTERNATIONAL LIMITED

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
Media Chinese International Limited ("the Company")
- Proposed Disposal of Property

The Board of Directors of the Company wishes to announce that Nanyang Press Holdings Berhad, a wholly-owned subsidiary of the Company, had entered into a Sale and Purchase Agreement with Teck Sing Lik Enterprise Sdn Bhd to dispose of a property as detailed in the attached announcment, at a total consideration of RM3.5 million, subject to the existing tenancies and other terms as stipulated in the Sale and Purchase Agreement.

 

Details of the announcement is relation to the proposed disposal is attached herewith.

 

This announcement is dated 29 November 2023.




Please refer attachment below.

Attachments

Disposal of Property.pdf
120.1 kB



Announcement Info

Company Name MEDIA CHINESE INTERNATIONAL LIMITED
Stock Name MEDIAC
Date Announced 29 Nov 2023
Category General Announcement for PLC
Reference Number GA1-28112023-00001