FBBHD

0.350

(%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS FIBROMAT (M) BERHAD (FIBROMAT OR THE COMPANY) PROPOSED DISPOSAL BY MTS FIBROMAT (M) SDN BHD OF FREEHOLD INDUSTRIAL LAND HELD UNDER INDIVIDUAL TITLE GRN 332739 LOT 11528 SEKSYEN 20 BANDAR SERENDAH DAERAH ULU SELANGOR NEGERI SELANGOR, COMPRISING AN AREA MEASURING APPROXIMATELY 5,709 SQUARE METRE TOGETHER WITH ONE UNIT OF A SINGLE STOREY FACTORY CUM DOUBLE STOREY OFFICE BUILDING ERECTED THEREON TO NG CHENG KENG, PENG LI VERN, PENG LI HOONG, PENG LI JING, PENG GUAN XIANG AND LEE YONG ZHI

FIBROMAT (M) BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
FIBROMAT (M) BERHAD (FIBROMAT OR THE COMPANY)
PROPOSED DISPOSAL BY MTS FIBROMAT (M) SDN BHD OF FREEHOLD INDUSTRIAL LAND HELD UNDER INDIVIDUAL TITLE GRN 332739 LOT 11528 SEKSYEN 20 BANDAR SERENDAH DAERAH ULU SELANGOR NEGERI SELANGOR, COMPRISING AN AREA MEASURING APPROXIMATELY 5,709 SQUARE METRE TOGETHER WITH ONE UNIT OF A SINGLE STOREY FACTORY CUM DOUBLE STOREY OFFICE BUILDING ERECTED THEREON TO NG CHENG KENG, PENG LI VERN, PENG LI HOONG, PENG LI JING, PENG GUAN XIANG AND LEE YONG ZHI

The Board of Directors (“Board”) of Fibromat wishes to announce that MTS Fibromat (M) Sdn Bhd, a wholly-owned subsidiary of Fibromat, had on 14 November 2019 entered into a Sale and Purchase Agreement (“SPA”) with Ng Cheng Keng (NRIC No. 761229-01-6315), Peng Li Vern (NRIC No. 830110-14-5722), Peng Li Hoong (NRIC No. 790105-14-5142), Peng Li Jing (NRIC No. 851223-14-5238), Peng Guan Xiang (NRIC No. 940902-14-5453) and Lee Yong Zhi (NRIC No. 831229-14-5601) of No. 19, Jalan Kamunting 2, Kawasan Perindustrian Jalan Kamunting, Bukit Beruntung , 48300 Rawang, Selangior (collectively referred to as “the Purchaser”) to dispose to the Purchaser all that piece of freehold industrial land held under individual title GRN 332739 Lot 11528 Seksyen 20 Bandar Serendah Daerah Ulu Selangor Negeri Selangor, comprising an area measuring approximately 5,709 square metre together with one unit of a single storey factory cum double storey office building erected thereon, bearing postal address as No. 2, Jalan Kenanga 2, Seksyen BB11, 48300 Bandar Bukit Beruntung, Selangor (“Property”), for a total sale consideration of RM7,000,000 (“Sale Consideration”), subject to the terms and conditions as stipulated in the SPA (“Proposed Disposal”).

Please refer to the attachment for the full announcement.

This announcement is dated 14 November 2019.




Please refer attachment below.



Announcement Info

Company Name FIBROMAT (M) BERHAD
Stock Name FBBHD
Date Announced 14 Nov 2019
Category General Announcement for PLC
Reference Number GA1-14112019-00040