POLYDM

0.450

(%)

Proposed acquisition of property by Polydamic Sdn Bhd, a wholly-owned subsidiary of Polydamic, for a total consideration of RM4.48 million ("Proposed Acquisition")

POLYDAMIC GROUP BERHAD

Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-14072025-00002
Subject Proposed acquisition of property by Polydamic Sdn Bhd, a wholly-owned subsidiary of Polydamic, for a total consideration of RM4.48 million ("Proposed Acquisition")
Description
POLYDAMIC GROUP BERHAD ("POLYDAMIC" OR "COMPANY")

- REPLY TO QUERY FROM BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") DATED 14 JULY 2025 PERTAINING TO THE PROPOSED ACQUISITION OF PROPERTY BY POLYDAMIC SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF POLYDAMIC, FOR A TOTAL CONSIDERATION OF RM4.48MILLION ("PROPOSED ACQUISITION").
Query Letter Contents

We refer to your Company’s announcement dated 11 July 2025 in respect of the aforesaid matter.
 

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

 

1.

Net book value of the Property based on Vendor’s latest audited financial statements.

2.

Approximate age of factory.

3.

The amount of lettable space of the factory.

4.

A statement of whether any valuation was carried out on the Property; if so, the name of the independent registered valuer, date and method of valuation and quantification of the market value.

5.

Name of the directors and substantial shareholders of Bluechip Synergy Sdn Bhd, together with their respective direct and/or indirect shareholdings.

 

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

 

Yours faithfully

Listing

Regulation


Cc : Market Surveillance Dept., Securities Commission 

Please refer to the attachment for our reply to the query as mentioned above. 

 

 

 

This announcement is dated 15 July 2025.



Please refer attachment below.



Announcement Info

Company Name POLYDAMIC GROUP BERHAD
Stock Name POLYDM
Date Announced 15 Jul 2025
Category General Announcement for PLC
Reference Number GA1-14072025-00037