TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS SIGNATURE INTERNATIONAL BERHAD ("SIGN" OR "THE COMPANY") PROPOSED DISPOSAL OF A PARCEL OF LEASEHOLD INDUSTRIAL LAND TOGETHER WITH A SINGLE-STOREY DETACHED FACTORY, 3-STOREY OFFICE AND DOUBLE-STOREY DETACHED FACTORY BUILDING ERECTED THEREON BY SIGNATURE CABINET SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF SIGN TO BOON KOON CAPITAL SDN BHD, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF CHIN HIN GROUP PROPERTY BERHAD ("CHGP") FOR A TOTAL CASH CONSIDERATION OF RM66.0 MILLION ("PROPOSED DISPOSAL")
| SIGNATURE INTERNATIONAL BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | SIGNATURE INTERNATIONAL BERHAD ("SIGN" OR "THE COMPANY")
PROPOSED DISPOSAL OF A PARCEL OF LEASEHOLD INDUSTRIAL LAND TOGETHER WITH A SINGLE-STOREY DETACHED FACTORY, 3-STOREY OFFICE AND DOUBLE-STOREY DETACHED FACTORY BUILDING ERECTED THEREON BY SIGNATURE CABINET SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF SIGN TO BOON KOON CAPITAL SDN BHD, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF CHIN HIN GROUP PROPERTY BERHAD ("CHGP") FOR A TOTAL CASH CONSIDERATION OF RM66.0 MILLION ("PROPOSED DISPOSAL") |
|
On behalf of the Board of Directors of SIGN, Malacca Securities Sdn Bhd wishes to announce that the Signature Cabinet Sdn Bhd (“Signature Cabinet” or “Vendor”), a wholly-owned subsidiary of SIGN had on 13 March 2026 entered into a sale and purchase agreement with Boon Koon Capital Sdn Bhd (“BKC” or “Purchaser”), an indirect wholly-owned subsidiary of CHGP, for the disposal of a parcel of leasehold industrial land together with a single-storey detached factory, 3-storey office and double-storey detached factory erected thereon, held under individual title H.S.(D) 241037, PT No. 9926, Pekan Baru Sungai Buloh, Daerah Petaling, Negeri Selangor for a total cash consideration of RM66.0 million, subject to the terms and conditions of the SPA.
Further details in relation to the Proposed Disposal are set out in the attachment below.
This announcement is dated 13 March 2026. |
|
Please refer attachment below.
Announcement Info
| Company Name | SIGNATURE INTERNATIONAL BERHAD |
| Stock Name | SIGN |
| Date Announced | 13 Mar 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-11032026-00035 |