POLYDM

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS POLYDAMIC GROUP BERHAD ("POLYDAMIC" OR "COMPANY") PROPOSED ACQUISITION OF PROPERTY BY POLYDAMIC SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF POLYDAMIC, FOR A TOTAL CONSIDERATION OF RM4.48 MILLION ("PROPOSED ACQUISITION").

POLYDAMIC GROUP BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
POLYDAMIC GROUP BERHAD ("POLYDAMIC" OR "COMPANY")


PROPOSED ACQUISITION OF PROPERTY BY POLYDAMIC SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF POLYDAMIC, FOR A TOTAL CONSIDERATION OF RM4.48 MILLION ("PROPOSED ACQUISITION").

The Board of Directors of Polydamic Group Berhad ("Polydamic" or Company") wishes to announce that Polydamic Sdn. Bhd. ("PSB" or "Purchaser") a wholly-owned subsidiary of the Company, had on 11 July 2025 entered into a sale and purchase agreement ("SPA") with Bluechip Synergy Sdn. Bhd. ("Vendor") to acquire one (1) parcel of freehold land with the postal address of No. 20, Jalan Astana 1B, Bandar Bukit Raja, 41050 Klang, Selangor Darul Ehsan together with a one and a half (1 ½) storey semi-detached factory erected thereon and held under H.S.(D) 138564 PT 69120 Mukim Kapar, Daerah Klang, Negeri Selangor, measuring approximately 736 square meters ("Property") for a total consideration of RM4,480,000.00 (“Proposed Acquisition”).

 

Please refer to the attached for the details of the Proposed Acquisition.

 

 

This announcement is dated 11 July 2025.




Please refer attachment below.



Announcement Info

Company Name POLYDAMIC GROUP BERHAD
Stock Name POLYDM
Date Announced 11 Jul 2025
Category General Announcement for PLC
Reference Number GA1-11072025-00048