Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions

Back

26-05-2025

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description TITIJAYA LAND BERHAD ("TITIJAYA" OR "THE COMPANY") PROPOSED ACQUISITION BY ASAS DINASTI SDN. BHD., AN INDIRECT WHOLLY OWNED SUBSIDIARY OF TITIJAYA, OF A PIECE OF LAND HELD UNDER INDIVIDUAL TITLE NO. CL015682612 (FORMERLY NT013087459 & NT013087440), SITUATED AT KG. NUMBOK, KUALA MENGGATAL, DISTRICT OF KOTA KINABALU, SABAH TOGETHER WITH THE PROPERTIES ERECTED THEREON

The Company wishes to announce that Asas Dinasti Sdn. Bhd. [Registration No. 201601032805 (1203746-K)], an indirect wholly owned subsidiary of Titijaya, had on 26 May 2025 entered into a Sale and Purchase Agreement (“SPA”) with the following parties, for the acquisition of a piece of land held under Individual Title No. CL015682612 (formerly NT013087459 & NT013087440), situated at Kg. Numbok, Kuala Menggatal, District of Kota Kinabalu, Sabah together with the Properties erected thereon for a total purchase consideration of RM99,000,000.00, subject to the terms and conditions as stipulated in the SPA ("Proposed Acquisition"):-

Please refer to the attachment for further details on the Proposed Acquisition.

This announcement is dated 26 May 2025.

Please refer attachment below.


Announcement Info

Company Name TITIJAYA LAND BERHAD
Stock Name TITIJYA
Date Announced 26 May 2025
Category General Announcement for PLC
Reference Number GA1-26052025-00111


Attachments

  1. Acquisition_of_Land_and_Properties_-_Kolej_Kediaman.pdf (Size: 120,503 bytes)
  2. Press_Release_-_UMS.pdf (Size: 124,776 bytes)