Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions
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16-10-2017
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description |
TITIJAYA LAND BERHAD ("TITIJAYA" OR "COMPANY") (I) SHARE SALE AGREEMENT BETWEEN TITIJAYA RESOURCES SDN. BHD., CREC DEVELOPMENT (M) SDN. BHD., CHAN PENG KOOH AND RAFIDAH BINTI MENAN; AND (II) SHAREHOLDERS AGREEMENT BETWEEN TITIJAYA RESOURCES SDN. BHD. AND CREC DEVELOPMENT (M) SDN. BHD. |
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We refer to the Company’s announcements dated 8 November 2016 and 8 August 2017 in relation to the Proposed Acquisition. (Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements in relation to the Proposed Acquisition.) The Board of Directors of Titijaya wishes to inform that the Proposed Acquisition was completed on 25 September 2017, upon the registration of the transfers of shares in the name of CREC Development (M) Sdn. Bhd. The registration of the transfer of shares in the name of Titijaya Resources Sdn. Bhd. was on 25 January 2017. The completion of the Proposed Acquisition has resulted in Titijaya Resources Sdn. Bhd. holding 70% of the issued share capital of Ampang Avenue Development Sdn. Bhd. and this would render Ampang Avenue Development Sdn. Bhd. being an indirect subsidiary of the Company. This announcement is dated 16 October 2017
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Announcement Info
| Company Name | TITIJAYA LAND BERHAD |
| Stock Name | TITIJYA |
| Date Announced | 16 Oct 2017 |
| Category | General Announcement for PLC |
| Reference Number | GA1-16102017-00140 |