GOB

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OTHERS GLOBAL ORIENTAL BERHAD ("GOB" OR "COMPANY") 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 ("PROPOSED DISPOSAL")

GLOBAL ORIENTAL BERHAD

Type Announcement
Subject OTHERS
Description
GLOBAL ORIENTAL BERHAD ("GOB" OR "COMPANY")

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 ("PROPOSED DISPOSAL")

Unless otherwise stated, the definitions used herein shall have the same meaning as defined in the earlier announcement dated 2 July 2024 in relation to the Proposed Disposal.

 

The Board of Directors of GOB wishes to announce that the conditions precedent of the SPA have been fulfilled on 4 October 2024, and the SPA has become unconditional on even date.

 

This announcement is dated 4 October 2024.

 

 






Announcement Info

Company Name GLOBAL ORIENTAL BERHAD
Stock Name GOB
Date Announced 04 Oct 2024
Category General Announcement for PLC
Reference Number GA1-22082024-00020