TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS PROPOSED ACQUISITION BY PARAGON GLOBE PROPERTIES SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF PGB, OF 3 PARCELS OF LAND HELD UNDER GM 716 LOT 1428, GM 715 LOT 1430 AND GM 718 LOT 1431, ALL IN MUKIM OF RENGAM, DISTRICT OF KLUANG, STATE OF JOHOR, MEASURING APPROXIMATELY 3.51 HECTARES, 3.90 HECTARES AND 4.43 HECTARES RESPECTIVELY FOR A TOTAL CASH CONSIDERATION OF RM11,475,253.86 ("PROPOSED ACQUISITION")
| PARAGON GLOBE BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | PROPOSED ACQUISITION BY PARAGON GLOBE PROPERTIES SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF PGB, OF 3 PARCELS OF LAND HELD UNDER GM 716 LOT 1428, GM 715 LOT 1430 AND GM 718 LOT 1431, ALL IN MUKIM OF RENGAM, DISTRICT OF KLUANG, STATE OF JOHOR, MEASURING APPROXIMATELY 3.51 HECTARES, 3.90 HECTARES AND 4.43 HECTARES RESPECTIVELY FOR A TOTAL CASH CONSIDERATION OF RM11,475,253.86 ("PROPOSED ACQUISITION") |
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Reference is made to the Company’s announcements dated 13 October 2025 in respect of the above subject matter.
Unless otherwise stated, all abbreviations used herein shall have the same meaning as defined in the Announcement.
Kindly refer to the attachment for additional information in relation to the Proposed Acquisition.
This announcement is dated 15 October 2025. |
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Please refer attachment below.
Announcement Info
| Company Name | PARAGON GLOBE BERHAD |
| Stock Name | PGLOBE |
| Date Announced | 15 Oct 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-15102025-00018 |