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

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30-09-2016

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description

TITIJAYA LAND BERHAD ("TLB" OR THE "COMPANY") PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN NPO BUILDERS SDN BHD AND FULL SETTLEMENT OF ADVANCES FOR A TOTAL PURCHASE CONSIDERATION OF RM115,612,302 TO BE SATISFIED VIA THE ISSUANCE OF 79,732,622 NEW ORDINARY SHARES OF RM0.50 EACH IN TLB ("TLB SHARES") AT AN ISSUE PRICE OF RM1.45 PER TLB SHARE ("PROPOSED ACQUISITION")

On behalf of the Board of Directors of TLB, TA Securities Holdings Berhad wishes to announce that the Company proposes to undertake the Proposed Acquisition.

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

This announcement is dated 30 September 2016.



 


Announcement Info

Company Name TITIJAYA LAND BERHAD
Stock Name TITIJYA
Date Announced 30 Sep 2016
Category General Announcement for PLC
Reference Number GA1-30092016-00162

Attachments

  1. Announcement_-_TLB_(Acquisition)_30.09.16_(final)_clean.pdf (Size: 377,414 bytes)