KAREX

0.815

+0.01 (+1.2%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS Karex Berhad ("Karex" or "the Company") - Update status of Proposed Acquisition of Two pieces of Land located in Mukim Api-Api, District Pontian, Johor by Karex Industries Sdn Bhd for a total cash consideration of RM14,800,000.00 (Proposed Acquisition).

KAREX BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
Karex Berhad ("Karex" or "the Company") - Update status of Proposed Acquisition of Two pieces of Land located in Mukim Api-Api, District Pontian, Johor by Karex Industries Sdn Bhd for a total cash consideration of RM14,800,000.00 (Proposed Acquisition).

We refer to the Company's announcements dated 31 March 2015 and 2 April 2015 in relation to the Proposed Acquisition of Two (2) pieces of Land located in Mukim Api-Api, District Pontian, Johor by Karex Industries Sdn Bhd, a wholly-owned subsidiary of Karex for a total cash consideration of RM14,800,000.00 ("Announcements"). Unless otherwise stated, the abbreviations used in this announcement shall have the same meanings as defined in the Announcements.

The Board of Directors of Karex wishes to announce that the Proposed Acquisition has been completed today.

This announcement is dated 27 July 2015.

 






Announcement Info

Company Name KAREX BERHAD
Stock Name KAREX
Date Announced 27 Jul 2015
Category General Announcement for PLC
Reference Number GA1-27072015-00062