KGROUP

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS KEY ALLIANCE GROUP BERHAD - PROPOSED DISPOSAL OF PROPERTY

KEY ALLIANCE GROUP BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
KEY ALLIANCE GROUP BERHAD
- PROPOSED DISPOSAL OF PROPERTY

The Board of Directors of Key Alliance Group Berhad (“KAG” or “the Company”) is pleased to announce that GE Green Sdn. Bhd. [Company Registration No. 199301008357 (263094-K)] (“GESB” or “the Vendor”), a wholly-owned subsidiary of the Company, had on 20 May 2025 entered into a Sale and Purchase Agreement with Eaglesview Group Sdn. Bhd. [Company Registration No. 201901010915 (1320243-K)] (“EGSB” or “the Purchaser”) for the proposed disposal of one (1) unit of 5 storey shop to ESGB, for a total cash consideration of RM5,400,000.00 only (“Proposed Disposal”).

 

Please refer to the attachment for details of the Proposed Disposal.

 

This announcement is dated 20 May 2025.




Please refer attachment below.



Announcement Info

Company Name KEY ALLIANCE GROUP BERHAD
Stock Name KGROUP
Date Announced 20 May 2025
Category General Announcement for PLC
Reference Number GA1-20052025-00028