TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS ASIAN PAC HOLDINGS BERHAD ("APHB" OR "THE COMPANY") PROPOSED DISPOSAL OF ALL THAT PIECE OF FREEHOLD AND VACANT LAND HELD UNDER GERAN 453654, LOT 7141, MUKIM OF SEMENYIH, DISTRICT OF ULU LANGAT, STATE OF SELANGOR, MEASURING APPROXIMATE NET LAND AREA OF 35.7157 HECTARES, BY BH BUILDERS SDN BHD, A WHOLLY OWNED SUBSIDIARY OF APHB, TO KUEEN LAI PROPERTIES SDN BHD FOR A CASH CONSIDERATION OF RM87,686,280.00 ("PROPOSED DISPOSAL")
| ASIAN PAC HOLDINGS BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | ASIAN PAC HOLDINGS BERHAD ("APHB" OR "THE COMPANY")
PROPOSED DISPOSAL OF ALL THAT PIECE OF FREEHOLD AND VACANT LAND HELD UNDER GERAN 453654, LOT 7141, MUKIM OF SEMENYIH, DISTRICT OF ULU LANGAT, STATE OF SELANGOR, MEASURING APPROXIMATE NET LAND AREA OF 35.7157 HECTARES, BY BH BUILDERS SDN BHD, A WHOLLY OWNED SUBSIDIARY OF APHB, TO KUEEN LAI PROPERTIES SDN BHD FOR A CASH CONSIDERATION OF RM87,686,280.00 ("PROPOSED DISPOSAL") |
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The Board of Directors of the Company wishes to announce that its wholly owned subsidiary, BH Builders Sdn Bhd (Company No. 197401000759 (17816-P)) has today entered into a Sale and Purchase Agreement with Kueen Lai Properties Sdn Bhd (Company No. 199701006796 (0422292-K)), for the disposal of all that piece of freehold land measuring approximate net land area of 35.7157 hectares, held under Geran 453654, Lot 7141, Mukim of Semenyih, District of Ulu Langat, State of Selangor for a cash consideration of RM87,686,280.00.
Further details of the Proposed Disposal is set out in the attachment.
This announcement is dated 17 September 2025. |
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Please refer attachment below.
Announcement Info
| Company Name | ASIAN PAC HOLDINGS BERHAD |
| Stock Name | ASIAPAC |
| Date Announced | 17 Sep 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-17092025-00057 |