Transactions (Chapter 10 of Listing Requirements) : Non Related Party Transactions
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23-02-2016
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description |
TITIJAYA LAND BERHAD ("TLB" OR "THE COMPANY")
PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN TAMARIND HEIGHTS SDN. BHD. FROM RAFIDAH BINTI MENAN AND NUR DIANA BINTI ARIFIN FOR A TOTAL CASH CONSIDERATION OF RM2.00 (PROPOSED ACQUISITION)
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The Board of Directors of TLB wishes to announce that the Company had on 23 February 2016 entered into a Share Sale Agreement (“SSA”) with Rafidah binti Menan and Nur Diana binti Arifin (collectively referred to as the “Vendors”) for the acquisition of two (2) ordinary shares of RM1.00 each in Tamarind Heights Sdn. Bhd. (“THSB”) from the Vendor, for a total consideration of RM2.00, upon the terms and conditions as stipulated in SSA (“Proposed Acquisition”). Upon the completion of the Proposed Acquisition, THSB will become a wholly owned subsidiary of TLB. Please refer to the attachment for additional information.
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Please refer attachment below.
Announcement Info
| Company Name | TITIJAYA LAND BERHAD |
| Stock Name | TITIJYA |
| Date Announced | 23 Feb 2016 |
| Category | General Announcement for PLC |
| Reference Number | GA1-18022016-00088 |
Attachments
- TITIJAYA_LAND_BERHAD-_THSB_Share_Sale_Agreement-1.pdf (Size: 188,996 bytes)