CGB

0.890

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS ACQUISITION OF PROPERTY BY RYRT INTERNATIONAL SDN. BHD., FOR A TOTAL CASH CONSIDERATION OF RM19.5 MILLION

CENTRAL GLOBAL BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
ACQUISITION OF PROPERTY BY RYRT INTERNATIONAL SDN. BHD., FOR A TOTAL CASH CONSIDERATION OF RM19.5 MILLION

 

The Board of Directors of Central Global Berhad (“CGB” or “the Company”) wishes to announce that the Company’ wholly-owned sub-subsidiary, RYRT International Sdn. Bhd. had on 1 October 2024 entered into a sale and purchase agreement with Sribina Resources Sdn. Bhd. for the purchase of a 4-storey office and showroom located at Lot 12, SEDCO Industrial Estate, Lorong Tomato, Jalan Kolombong, 88450 Kota Kinabalu, Sabah held under Title No. CL015379576, District of Kota Kinabalu measuring approximately 48,690 square feet at a total cash consideration of Ringgit Malaysia Nineteen Million Five Hundred Thousand (RM19,500,000.00) only.


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


This announcement is dated 1 October 2024.

 

 




Please refer attachment below.



Announcement Info

Company Name CENTRAL GLOBAL BERHAD
Stock Name CGB
Date Announced 01 Oct 2024
Category General Announcement for PLC
Reference Number GA1-01102024-00009