TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS MAXIM GLOBAL BERHAD ("MAXIM" or "THE GROUP") PROPOSED ACQUISITION OF TWO CONTIGUOUS PARCELS OF PRIME FREEHOLD LANDS MEASURING APPROXIMATELY 2.352 HECTARES (APPROXIMATELY 5.812 ACRES OR 253,167 SQ FT) IN AREA HELD UNDER TITLE GERAN MUKIM 1362 LOT 654 (FORMERLY WAS GM 226, LOT 654) AND GERAN MUKIM 1363 LOT 653 (FORMERLY WAS GM 294, LOT 653) MUKIM DAMANSARA, DAERAH PETALING, NEGERI SELANGOR DARUL EHSAN FOR RM95,000,000 ("PROPOSED LANDS ACQUISITION") BY ITS 70% OWNED SUBSIDIARY, MAXIM ICON SDN BHD
| MAXIM GLOBAL BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | MAXIM GLOBAL BERHAD ("MAXIM" or "THE GROUP")
PROPOSED ACQUISITION OF TWO CONTIGUOUS PARCELS OF PRIME FREEHOLD LANDS MEASURING APPROXIMATELY 2.352 HECTARES (APPROXIMATELY 5.812 ACRES OR 253,167 SQ FT) IN AREA HELD UNDER TITLE GERAN MUKIM 1362 LOT 654 (FORMERLY WAS GM 226, LOT 654) AND GERAN MUKIM 1363 LOT 653 (FORMERLY WAS GM 294, LOT 653) MUKIM DAMANSARA, DAERAH PETALING, NEGERI SELANGOR DARUL EHSAN FOR RM95,000,000 ("PROPOSED LANDS ACQUISITION") BY ITS 70% OWNED SUBSIDIARY, MAXIM ICON SDN BHD |
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The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Proposed Lands Acquisition.
We refer to the earlier announcements dated 9 July 2024 and 23 August 2024 in relation to the Proposed Lands Acquisition.
The Board wishes to announce that the Vendor had on 21 November 2024 received all the Balance Purchase Price. Accordingly, the Proposed Lands Acquisition has been completed on even date.
This announcement is dated 21 November 2024. |
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Announcement Info
| Company Name | MAXIM GLOBAL BERHAD |
| Stock Name | MAXIM |
| Date Announced | 21 Nov 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-19112024-00018 |