TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS GLOBAL ORIENTAL BERHAD ("GOB") PROPOSED DISPOSAL OF FOUR (4) PARCELS OF FREEHOLD LAND LOCATED IN MUKIM BENTONG, DAERAH BENTONG, PAHANG, MEASURING A TOTAL AREA OF APPROXIMATELY 30.167 ACRES, BY SERING MANIS SDN BHD, A 51%-OWNED SUBSIDIARY OF GOB, FOR A TOTAL CASH CONSIDERATION OF RM65.0 MILLION
| GLOBAL ORIENTAL BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | GLOBAL ORIENTAL BERHAD ("GOB")
PROPOSED DISPOSAL OF FOUR (4) PARCELS OF FREEHOLD LAND LOCATED IN MUKIM BENTONG, DAERAH BENTONG, PAHANG, MEASURING A TOTAL AREA OF APPROXIMATELY 30.167 ACRES, BY SERING MANIS SDN BHD, A 51%-OWNED SUBSIDIARY OF GOB, FOR A TOTAL CASH CONSIDERATION OF RM65.0 MILLION |
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The Board of Directors of GOB wishes to announce that Sering Manis Sdn Bhd, a 51%-owned subsidiary of GOB, had on 2 July 2024 entered into a conditional sale and purchase agreement with Pembinaan Gapadu Sdn Bhd for the proposed disposal of four (4) parcels of freehold land located in Mukim Bentong, Daerah Bentong, Pahang, measuring a total area of approximately 30.167 acres, for a total cash consideration of RM65.0 million (“Proposed Disposal”).
Please refer to the attachment for the details of the Proposed Disposal.
This announcement is dated 2 July 2024. |
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Please refer attachment below.
Announcement Info
| Company Name | GLOBAL ORIENTAL BERHAD |
| Stock Name | GOB |
| Date Announced | 02 Jul 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-02072024-00033 |