MJPERAK

0.300

(%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS MAJUPERAK HOLDINGS BERHAD ("MHB" or "the Company") PROPOSED DISPOSAL OF LAND HELD UNDER GERAN NO. 59907, LOT 28801, BANDAR IPOH (S), DAERAH KINTA, PERAK AND PAJAKAN NEGERI NO. 213729, LOT 9225N, BANDAR IPOH (U), DAERAH KINTA, PERAK TOGETHER WITH THE BUILDING ERECTED THEREON KNOWN AS BREWSTER VILLAGE FROM SYARIKAT MAJUPERAK BERHAD ("SMB"), A WHOLLY OWNED SUBSIDIARY OF MAJUPERAK HOLDINGS BERHAD ("MHB" AND/OR "THE COMPANY") TO LADANG LEKIR SDN. BHD. FOR A TOTAL CONSIDERATION OF RM18,400,000

MAJUPERAK HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
MAJUPERAK HOLDINGS BERHAD ("MHB" or "the Company")

PROPOSED DISPOSAL OF LAND HELD UNDER GERAN NO. 59907, LOT 28801, BANDAR IPOH (S), DAERAH KINTA, PERAK AND PAJAKAN NEGERI NO. 213729, LOT 9225N, BANDAR IPOH (U), DAERAH KINTA, PERAK TOGETHER WITH THE BUILDING ERECTED THEREON KNOWN AS BREWSTER VILLAGE FROM SYARIKAT MAJUPERAK BERHAD ("SMB"), A WHOLLY OWNED SUBSIDIARY OF MAJUPERAK HOLDINGS BERHAD ("MHB" AND/OR "THE COMPANY") TO LADANG LEKIR SDN. BHD. FOR A TOTAL CONSIDERATION OF RM18,400,000

The Board of Directors of MHB wishes to announce that the Company via its wholly owned subsidiary, Syarikat Majuperak Berhad (“SMB”) has on 18 December 2023 entered into a Sale and Purchase Agreement (“SPA”) with Ladang Lekir Sdn. Bhd. (“LLSB”), a wholly owned subsidiary of Perak Agro Oil Palm Sdn. Bhd. which in turn is a wholly owned subsidiary of Perbadanan Pembangunan Pertanian Negeri Perak (“PPPNP”) for the sale of land held under Geran No. 59907, Lot 28801, Bandar Ipoh (S), Daerah Kinta, Perak and Pajakan Negeri No. 213729, Lot 9225N, Bandar Ipoh (U), Daerah Kinta, Perak (“the Land”) together with the building erected thereon known as “Brewster Village” ("Property") for a total consideration of RM18,400,000 (hereinafter referred as "Proposed Disposal").

 

Please refer to the attachment for further details on the SPA.


This announcement is dated 18 December 2023.




Please refer attachment below.



Announcement Info

Company Name MAJUPERAK HOLDINGS BERHAD
Stock Name MJPERAK
Date Announced 18 Dec 2023
Category General Announcement for PLC
Reference Number GA1-18122023-00036