TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS DISPOSAL OF A COMMERCIAL LAND HELD UNDER TITLE NO. HS(D) 293019, LOT PT 32307, MUKIM OF BUKIT RAJA, DISTRICT OF PETALING, STATE OF SELANGOR BY CENTURY TOTAL LOGISTICS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY ("DISPOSAL")
| CENTURY LOGISTICS HOLDINGS BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | DISPOSAL OF A COMMERCIAL LAND HELD UNDER TITLE NO. HS(D) 293019, LOT PT 32307, MUKIM OF BUKIT RAJA, DISTRICT OF PETALING, STATE OF SELANGOR BY CENTURY TOTAL LOGISTICS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY ("DISPOSAL") |
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Reference is made to the Company’s announcement dated 7 May 2015. The Board of Directors of the Company is pleased to announce that the Purchaser has on 29 June 2015 paid the balance sum after deducting an agreed early settlement rebate of RM56,000.00. Hence, the revised Disposal consideration is RM20,199,450.00. The Disposal is therefore completed, with the gain on Disposal amounting to approximately RM9.2 million to be recorded in the financial quarter ending 30 June 2015. This announcement is dated 29 June 2015. |
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Announcement Info
| Company Name | CENTURY LOGISTICS HOLDINGS BERHAD |
| Stock Name | CENTURY |
| Date Announced | 29 Jun 2015 |
| Category | General Announcement for PLC |
| Reference Number | GA1-29062015-00061 |
