ENEST

0.140

(%)

ACQUISITIONS OF 2 UNITS OF LEASEHOLD LAND TOGETHER WITH 2 UNITS OF 2-STOREY SEMI-DETACHED FACTORY TO BE ERECTED THEREON ("ACQUISITION")

ENEST GROUP BERHAD

Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-05052025-00001
Subject ACQUISITIONS OF 2 UNITS OF LEASEHOLD LAND TOGETHER WITH 2 UNITS OF 2-STOREY SEMI-DETACHED FACTORY TO BE ERECTED THEREON ("ACQUISITION")
Description
ACQUISITIONS OF 2 UNITS OF LEASEHOLD LAND TOGETHER WITH 2 UNITS OF 2-STOREY SEMI-DETACHED FACTORY TO BE ERECTED THEREON ("ACQUISITION")
Query Letter Contents

We refer to your Company’s announcement dated 2 May 2025 in respect of the aforesaid matter.
 

In this connection, kindly furnish Bursa Securities with the following additional information for public release:-

 

1. Breakdown of the sources of funding for the Acquisition between internally generated funds and bank borrowings.

2. Effect of the Acquisition on the earning per share of the Group. 

 

Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.

 

Yours faithfully,
Listing Division

Regulation
 

Cc : Market Surveillance Dept. , Securities Commission 

,

We refer to your Company’s announcement dated 2 May 2025 in respect of the aforesaid matter.
 

In this connection, kindly furnish Bursa Securities with the following additional information for public release:-

 

1. Breakdown of the sources of funding for the Acquisition between internally generated funds and bank borrowings.

2. Effect of the Acquisition on the earning per share of the Group. 

 

Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.

 

Yours faithfully,
Listing Division

Regulation
 

Cc : Market Surveillance Dept. , Securities Commission 

Reference is made to the Company’s announcement made on 2 May 2025 in relation to the Acquisitions of 2 Units of Leasehold Land together with 2 Units of 2-Storey Semi-Detached Factory to be erected thereon. Unless otherwise defined, the definitions set out in the First Announcement shall apply therein.

 

The Board of Directors of the Company wishes to announce as follows:-

 

1. The breakdown of the sources of funding for the Acquisition between internally generated funds and bank borrowings.

 

Total Consideration

Cash (10%)

Borrowing (90%)

RM6,333,000

RM633,300-00

RM5,699,700-00

 

2. Effect of the Acquisition on the earning per share of the Group.

 

The Acquisition did not have any material effect on the consolidated earnings and earnings per Share of Enest for the financial year ended 31 December 2023.





Announcement Info

Company Name ENEST GROUP BERHAD
Stock Name ENEST
Date Announced 05 May 2025
Category General Announcement for PLC
Reference Number GA1-05052025-00042