Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions
28-03-2018
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
Description |
TITIJAYA LAND BERHAD ("TITIJAYA" OR "COMPANY") SHARES SUBSCRIPTION AGREEMENT BETWEEN TULUS LAGENDA SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF TITIJAYA WITH BJ PROPERTIES SDN. BHD. |
The Board of Directors of Titijaya wishes to announce that Tulus Lagenda Sdn. Bhd. (Company No. 1040584-D) (“TLSB”), a wholly-owned subsidiary of Titijaya, has on 28 March 2018, entered into a Shares Subscription Agreement (“SSA”) with BJ Properties Sdn. Bhd. (“BJPSB”), for the purpose to subscribe up to 9,900,000 new ordinary shares in BJPSB (“Subscription Shares”), representing 99% of the enlarged issued share capital of BJPSB at a subscription price of up to RM9,900,000 (“Subscription Price”), subject to and upon the terms and conditions of the SSA (“Proposed Subscription”). Please refer to the attachment for additional information.
This announcement is dated 28 March 2018. |
Please refer attachment below.
Announcement Info
Company Name | TITIJAYA LAND BERHAD |
Stock Name | TITIJYA |
Date Announced | 28 Mar 2018 |
Category | General Announcement for PLC |
Reference Number | GA1-27032018-00105 |
Attachments
- Announcement_-_Shares_Subscription_Agreement.pdf (Size: 94,050 bytes)