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

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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. CL015682603 (FORMERLY NT013087459 & NT013087440), SITUATED AT KG. NUMBOK, KUALA MENGGATAL, DISTRICT OF KOTA KINABALU, SABAH TOGETHER WITH THE ABANDONED STRUCTURE KNOWN AS BANGUNAN KOPERASI UMS ERECTED THEREON

The Board of Directors of Titijaya wishes to announce that Asas Dinasti Sdn. Bhd., an indirect wholly owned subsidiary of Titijaya, had on 26 May 2025 entered into a Sale and Purchase Agreement for the acquisition of a piece of land held under Individual Title No. CL015682603 (formerly NT013087459 & NT013087440), situated at Kg. Numbok, Kuala Menggatal, District of Kota Kinabalu, Sabah together with the abandoned structure known as Bangunan Koperasi UMS, for a total cash consideration of RM6,000,000.00, subject to the terms and conditions as stipulated in the Sale and Purchase Agreement.

Please refer to the attachment for further details on the land 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 GA1-26052025-00116


Attachments

  1. TITIJYA_Acquisition_of_Land_and_Properties_-_Koperasi.pdf (Size: 117,430 bytes)
  2. TITIJYA_Press_Release_-_UMS.pdf (Size: 124,776 bytes)