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 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 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") |
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We refer to the Company’s announcements dated 2 July 2024 and 4 October 2024 in relation to the Proposed Disposal. Unless stated otherwise, the definitions used herein shall have the same meanings as defined in the earlier announcements.
The Board of Directors of GOB is pleased to announce that the Proposed Disposal has been completed today in accordance with the terms of the SPA.
This announcement is dated 19 February 2025. |
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Announcement Info
| Company Name | GLOBAL ORIENTAL BERHAD |
| Stock Name | GOB |
| Date Announced | 19 Feb 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-19022025-00036 |