TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PROPOSED ACQUISITION OF PROPERTY BY CHLOR-AL CHEMICAL PTE LTD, A WHOLLY OWNED SUBSIDIARY OF THE COMPANY
| TMK CHEMICAL BHD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | PROPOSED ACQUISITION OF PROPERTY BY CHLOR-AL CHEMICAL PTE LTD, A WHOLLY OWNED SUBSIDIARY OF THE COMPANY |
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The Board of Directors of TMK Chemical Bhd wishes to announce that its wholly-owned subsidiary, Chlor-Al Chemical Pte Ltd ("Purchaser"), has on 13 March 2025 accepted the letter of offer dated 4 March 2025 from Chin Yuan Metal Pte Ltd (UEN:199200322C) in relation to the proposed acquisition of a parcel of leasehold land with a standard detached factory with mezzanine office erected thereon bearing postal address 18 Tuas Street, Singapore 638455 (“the Property”), for a total cash consideration of SGD14.8 million only (“Proposed Acquisition”).
The details of the Proposed Acquisition are set out in the attachment below.
This announcement is dated 13 March 2025.
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Please refer attachment below.
Announcement Info
| Company Name | TMK CHEMICAL BHD |
| Stock Name | TMK |
| Date Announced | 13 Mar 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-03022025-00052 |