TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PLB ENGINEERING BERHAD ("PLB" OR "THE COMPANY") PROPOSED DISPOSAL OF LAND BY PLB LAND SDN BHD ("PLB LAND"), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY FOR A TOTAL CONSIDERATION OF RM48,000,000
| PLB ENGINEERING BERHAD |
| Type | Announcement | ||||||||||||||||||||||||||||
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
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| Description | PLB ENGINEERING BERHAD ("PLB" OR "THE COMPANY")
PROPOSED DISPOSAL OF LAND BY PLB LAND SDN BHD ("PLB LAND"), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY FOR A TOTAL CONSIDERATION OF RM48,000,000 |
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Pursuant to Paragraph 10.06 of the Bursa Malaysia Securities Berhad Main Market Listing Requirements, the Board of Directors of PLB wishes to announce that its wholly owned subsidiary, PLB Land Sdn Bhd, had on 2 May 2025, entered into a Sale and Purchase Agreement with Telaga Raya Sdn Bhd [Registration No. 202401037054 (1582901-D)] for the disposal of the following land which are located at Jarak Atas,Tasik Gelugor, Penang for a total consideration of RM48,000,000 (“the Proposed Disposal”):-
The land as abovementioned are all within Mukim 13, District of Seberang Perai Utara, Penang.
Please refer to the attachment for further details of the Proposed Disposal.
This announcement is dated 2 May 2025. |
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Please refer attachment below.
Announcement Info
| Company Name | PLB ENGINEERING BERHAD |
| Stock Name | PLB |
| Date Announced | 02 May 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-02052025-00013 |