TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS CENTURY LOGISTICS HOLDINGS BERHAD ("CENTURY" OR " THE COMPANY") - DISPOSAL OF A PROPERTY IN ROJANA INDUSTRIAL PARK, AYUTTHAYA PROVINCE, THAILAND BY CENTURY RESOURCES (THAILAND) LIMITED, A WHOLLY-OWNED SUBSIDIARY OF THE CENTURY GROUP, TO GUIDANCE INVESTMENTS SDN BHD, FOR A CASH CONSIDERATION OF THAI BAHT 320 MILLION (“DISPOSAL")
| CENTURY LOGISTICS HOLDINGS BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | CENTURY LOGISTICS HOLDINGS BERHAD ("CENTURY" OR " THE COMPANY") - DISPOSAL OF A PROPERTY IN ROJANA INDUSTRIAL PARK, AYUTTHAYA PROVINCE, THAILAND BY CENTURY RESOURCES (THAILAND) LIMITED, A WHOLLY-OWNED SUBSIDIARY OF THE CENTURY GROUP, TO GUIDANCE INVESTMENTS SDN BHD, FOR A CASH CONSIDERATION OF THAI BAHT 320 MILLION (“DISPOSAL") |
(For consistency, all the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 5 March 2014 in relation to the Disposal, where applicable, unless stated otherwise or defined herein)
Reference is made to the Company's announcements dated 5 March 2014 and 12 March 2014. The Board of Directors of Century wishes to announce that Century Resources (Thailand) Limited, a wholly owned subsidiary of the Century Group, had on 8 May 2014, transferred the Property to 1 Tiger Prop Co., Ltd, the designated property holding company of Guidance Investments Sdn Bhd, and received the balance of the sale consideration. The Disposal is therefore completed.
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Announcement Info
| Company Name | CENTURY LOGISTICS HOLDINGS BERHAD |
| Stock Name | CENTURY |
| Date Announced | 9 May 2014 |
| Category | General Announcement |
| Reference No | CS-140509-55688 |
