TOPMIX

0.490

-0.005 (-1%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS TOPMIX BERHAD ("TOPMIX" OR "THE COMPANY") - PROPOSED DISPOSAL OF A PIECE OF FREEHOLD VACANT INDUSTRIAL LAND LOCATED AT 551, JALAN SEELONG, TAMAN PERINDUSTRIAN SENAI, 81400 SEELONG, JOHOR BY TOPMIX RESOURCES SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF TOPMIX TO NAVABUILD CONTRACT SDN. BHD. FOR A TOTAL CASH CONSIDERATION OF RM6,100,000.00 ONLY

TOPMIX BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
TOPMIX BERHAD ("TOPMIX" OR "THE COMPANY")
- PROPOSED DISPOSAL OF A PIECE OF FREEHOLD VACANT INDUSTRIAL LAND LOCATED AT 551, JALAN SEELONG, TAMAN PERINDUSTRIAN SENAI, 81400 SEELONG, JOHOR BY TOPMIX RESOURCES SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF TOPMIX TO NAVABUILD CONTRACT SDN. BHD. FOR A TOTAL CASH CONSIDERATION OF RM6,100,000.00 ONLY

The Board of Directors of Topmix (“Board”) wishes to announce that Topmix Resources Sdn. Bhd. (Registration No. 200601018697 (738450-T)) (“TRSB” or “the Vendor”), a wholly owned subsidiary of the Company, had on 14 March 2025, entered into a Sale and Purchase Agreement (“SPA”) with Navabuild Contract Sdn. Bhd. (Registration No. 201001010804 (895464-K)) (“NCSB” or “the Purchaser”) for the proposed disposal of a piece of freehold vacant industrial land held under Geran 340344 Lot 53758 in the Mukim Senai, District of Kulai, State of Johor containing an area measuring approximately 7,807 square metres, located at 551, Jalan Seelong, Taman Perindustrian Senai, 81400 Seelong, Johor (“the Property”) for a total cash consideration of RM6,100,000.00 only (“Sale Consideration”), subject to and upon all the terms and conditions as stipulated in the SPA (“Proposed Disposal”).

TRSB and NCSB are, collectively, the “Parties” and individually, a “Party”.

Topmix and its subsidiaries shall hereinafter be referred to as "Topmix Group” or the “Group”.

Please refer to the attachment below for further details of the Proposed Disposals.

This announcement is dated 14 March 2025.

Remarks: M & A Securities Sdn Bhd (“M&A”), being the Sponsor, was responsible for the admission of Topmix Berhad to the ACE Market of Bursa Malaysia Securities Berhad on 23 April 2024. M&A assumes no responsibility for the contents of this announcement.




Please refer attachment below.



Announcement Info

Company Name TOPMIX BERHAD
Stock Name TOPMIX
Date Announced 14 Mar 2025
Category General Announcement for PLC
Reference Number GA1-26022025-00153