NAIM

1.090

(%)

OTHERS PROPOSED DISPOSAL BY NAIM LAND SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF NAIM HOLDINGS BERHAD OF A PIECE OF LAND DESCRIBED AS LOT 5234 BLOCK 25 MUARA TUANG LAND DISTRICT

NAIM HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
PROPOSED DISPOSAL BY NAIM LAND SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF NAIM HOLDINGS BERHAD OF A PIECE OF LAND DESCRIBED AS LOT 5234 BLOCK 25 MUARA TUANG LAND DISTRICT

The Board of Directors (“the Board”) of Naim Holdings Berhad wishes to announce that its wholly-owned subsidiary, Naim Land Sdn. Bhd. (“Naim Land”) has entered into a Conditional Sale and Purchase Agreement (hereinafter referred to as “the SPA") with Onlyee Flora Sdn. Bhd. for the disposal by Naim Land of all that piece of land measuring approximately 180.8 hectares, situated at Sungai Sajiram/Sungai Kuap, Sungai Merdang, Samarahan and described as Lot 5234 Block 25 Muara Tuang Land District for a cash consideration of RM223.38 million, subject to the terms of the SPA (“Proposed Disposal”).

 

Further details of the Proposed Disposal are set in the attached document.

 

This announcement is dated 3 July 2024.




Please refer attachment below.



Announcement Info

Company Name NAIM HOLDINGS BERHAD
Stock Name NAIM
Date Announced 03 Jul 2024
Category General Announcement for PLC
Reference Number GA1-03072024-00018