SEDANIA

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS SEDANIA INNOVATOR BERHAD ("SIB" OR THE "COMPANY") - PROPOSED ACQUISITION OF PROPERTY BY OFFSPRING INC SDN BHD, A 51%-OWNED SUBSIDIARY OF THE COMPANY FOR A TOTAL CONSIDERATION OF RM2,400,000

SEDANIA INNOVATOR BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
SEDANIA INNOVATOR BERHAD ("SIB" OR THE "COMPANY")
- PROPOSED ACQUISITION OF PROPERTY BY OFFSPRING INC SDN BHD, A 51%-OWNED SUBSIDIARY OF THE COMPANY FOR A TOTAL CONSIDERATION OF RM2,400,000

Pursuant to Rule 10.08(1) of the ACE Market Listing Requirement of Bursa Malaysia Securities Berhad, the Board of Directors of Sedania Innovator Berhad is pleased to announce that, the Company's 51%-owned subsidiary, Offspring Inc Sdn Bhd had on 13 December 2024 entered into a Sale & Purchase Agreement to purchase an office premise held under Geran 174277/M1-B/12/39, Lot No. 38287, Seksyen 40, No. Bangunan M1-B, No. Tingkat 12, No. Petak 39 together with Accessory Parcel No. A250, A254, A260, A261, A262, Bandar Petaling Jaya, Daerah Petaling, Negeri Selangor from Datuk Noor Azrin Bin Mohd Noor, the Managing Director of the Company for a purchase price of RM2,400,000 to be satisfied in cash.

 

Please refer to the attached announcement for further details.

 

This announcement is dated 13 December 2024.




Please refer attachment below.



Announcement Info

Company Name SEDANIA INNOVATOR BERHAD
Stock Name SEDANIA
Date Announced 13 Dec 2024
Category General Announcement for PLC
Reference Number GA1-13122024-00025