TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS CAMAROE BERHAD ("CAMAROE" OR THE "COMPANY") - ADDITIONAL INFORMATION FOR PROPOSED ACQUISITION OF TWO PIECES OF FREEHOLD LAND, EACH TOGETHER WITH A ONE-AND-A-HALF-STOREY SEMI-DETACHED FACTORY, BY CAMAROE AQUACULTURE SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY
| CAMAROE BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | CAMAROE BERHAD ("CAMAROE" OR THE "COMPANY")
- ADDITIONAL INFORMATION FOR PROPOSED ACQUISITION OF TWO PIECES OF FREEHOLD LAND, EACH TOGETHER WITH A ONE-AND-A-HALF-STOREY SEMI-DETACHED FACTORY, BY CAMAROE AQUACULTURE SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY |
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(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 31 December 2025 in relation to the Proposed Acquisitions, where applicable, unless stated otherwise or defined herein.)
Reference is made to the announcement dated 31 December 2025 in relation to the Proposed Acquisitions.
Further to the above, the Board wishes to announce the following additional information:
2.3 Basis and justification for the Purchase Considerations
The Purchase Considerations were arrived at on a willing buyer-willing seller basis, based on the negotiations between the Purchaser and the Vendors and after taking into consideration, amongst others, the location, size, infrastructure facilities and accessibility of the Properties, as well as the market value of the Properties, as appraised by the independent valuer, Laurelcap Sdn Bhd, vide its valuation report dated 8 December 2025 using the comparison approach of valuation.
For information, the market value of Property 1 is RM3,150,000.00 and market value of Property 2 is RM3,150,000.00, as ascribed by Laurelcap Sdn Bhd.
This announcement is dated 2 January 2026. |
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Announcement Info
| Company Name | CAMAROE BERHAD |
| Stock Name | CAMAROE |
| Date Announced | 02 Jan 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-02012026-00044 |