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

Back

27-02-2017

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

TITIJAYA LAND BERHAD ("TITIJAYA" OR "COMPANY") PROPOSED SHARE SALE AGREEMENT BETWEEN TITIJAYA, TAN CHUAN CHEONG AND TEE TIONG LEE

The Board of Directors of Titijaya wishes to announce that the Company had on 27 February 2017 entered into a share sale agreement with Tan Chuan Cheong and Tee Tiong Lee for the proposed acquisition of 3,000,000 ordinary shares equivalent to RM3,000,000.00, representing the entire issued share capital of Sri Komakmur Development Sdn. Bhd. for a purchase consideration of RM70,919,000.00.

Please refer to the attachment for additional information.

This announcement is dated 27 February 2017.

 


Announcement Info

Company Name TITIJAYA LAND BERHAD
Stock Name TITIJYA
Date Announced 27 Feb 2017
Category General Announcement for PLC
Reference Number GA1-27022017-00018

Attachments

  1. Share_Sale_Agreement_-_Sri_Komakmur_-_27_02_2017.pdf (Size: 92,477 bytes)