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

Back

17-11-2017

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

TITIJAYA LAND BERHAD ("TITIJAYA" OR "THE COMPANY") JOINT VENTURE AGREEMENT BETWEEN TAMARIND HEIGHTS SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF TITIJAYA WITH GOLDEN VOGUE SDN. BHD., MOHD HAZMIL BIN MOHD KASSIM AND LIM SOO HUEN

We refer to the announcement dated 23 February 2016 in relation to the 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. 

The Board of Directors of Titijaya wishes to announce that Tamarind Heights Sdn. Bhd., a wholly-owned subsidiary of the Company, had on 15 November 2017 entered into a Joint Venture Agreement (“JVA”) with Golden Vogue Sdn. Bhd. (Company No. 1155666-U) (“GVSB”), Mohd Hazmil Bin Mohd Kassim and Lim Soo Huen, for the purpose of commercially developing the lands held under Geran No. 31814, Lot No. 1317, Seksyen 41, Geran No. 37101, Lot No. 1835, Seksyen 41, and Geran No. 39991, Lot No. 1316, Seksyen 41 having a total aggregate land area of approximately 2.91 acres and situated at No. 237 - 239, Jalan Tuanku Abdul Rahman, 50100 Kuala Lumpur, upon the terms and conditions as stipulated in JVA.

Please refer to the attachment for additional information.

This announcement is dated 17 November 2017.

 

 

 


Announcement Info

Company Name TITIJAYA LAND BERHAD
Stock Name TITIJYA
Date Announced 17 Nov 2017
Category General Announcement for PLC
Reference Number GA1-15112017-00068

Attachments

  1. Announcement_-_JV_Agreement.pdf (Size: 87,348 bytes)