TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS KERJAYA PROSPEK PROPERTY BERHAD ("KPPROP" OR THE "COMPANY") -PROPOSED ACQUISITION OF LAND BY KERJAYA PROPERTY SDN BHD, (FORMERLY KNOWN AS KERJAYA PROSPEK PROPERTY SDN BHD), A WHOLLY-OWNED SUBSIDIARY OF KPPROP.
| KERJAYA PROSPEK PROPERTY BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | KERJAYA PROSPEK PROPERTY BERHAD ("KPPROP" OR THE "COMPANY")
-PROPOSED ACQUISITION OF LAND BY KERJAYA PROPERTY SDN BHD, (FORMERLY KNOWN AS KERJAYA PROSPEK PROPERTY SDN BHD), A WHOLLY-OWNED SUBSIDIARY OF KPPROP. |
|
The Board of Directors of the Company (“Board”) wishes to announce that Kerjaya Property Sdn Bhd (“KPSB” or the “Purchaser”), a wholly-owned subsidiary of the Company, has on 25 January 2021 entered into the Sale and Purchase Agreement (“SPA”) with Sunsuria Genlin Development Sdn Bhd (Registration No. 201701012351 (1226516-P)) (“Vendor”) to purchase all that piece of vacant freehold agriculture land held under Geran Mukim 2273, Lot 30259, Mukim Setapak, Daerah Kuala Lumpur, Negeri Wilayah Persekutuan Kuala Lumpur (“Land 1”) and all that piece of vacant freehold agriculture land held under Geran Mukim 2545, Lot 201562, Mukim Setapak, Daerah Kuala Lumpur, Negeri Wilayah Persekutuan Kuala Lumpur (“Land 2”) (collectively referred to as “the Land”) for a purchase consideration of RM30,142,564.76 (“Purchase Consideration”).
Please refer to the attachment for the details of the Proposed Acquisition.
This announcement is dated 25 January 2021.
Please refer attachment below. |
|
Please refer attachment below.
Announcement Info
| Company Name | KERJAYA PROSPEK PROPERTY BERHAD |
| Stock Name | KPPROP |
| Date Announced | 25 Jan 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-05012021-00014 |