Bursa Announcements

Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions

BackMar 07, 2023
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description

TELADAN SETIA GROUP BERHAD ("TSGB" OR "THE COMPANY")

PROPOSED ACQUISITION OF LAND BY PAVILION LINK SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY

 

The Board of Directors of TSGB wishes to announce that Pavilion Link Sdn. Bhd. (“PLSB”), a wholly-owned subsidiary of TSGB, had on 7 March 2023, entered into a Sale and Purchase Agreement (“SPA”) with Complete Achievement Sdn. Bhd. [Registration No. 201001021858 (905628-M)] (“CASB” or “Vendor”) having its address at No. 3419, Tingkat 1, Jalan RJ 6/4, Taman Rasah Jaya, 70300 Seremban, Negeri Sembilan Darul Khusus, for the purchase of all that one (1) piece of freehold vacant land held under Geran 179151, Lot 14121 Mukim Seremban, District of Seremban and State of Negeri Sembilan measuring approximately 70,020 sq. metres in land area bearing postal address known as T/K, Taman Bkt. Intan, Off Jalan Labu Seremban, NSDK Negeri Sembilan, at a total cash consideration of RM24,118,249.00 (Ringgit Malaysia: Twenty-Four Million One Hundred and Eighteen Thousand Two Hundred and Forty-Nine) only, upon the terms and conditions as stipulated in the SPA.

 

Please refer to the attached document for further details.

 

This announcement is dated 7 March 2023.



Please refer attachment below.

 


Announcement Info

Company Name TELADAN SETIA GROUP BERHAD
Stock Name TELADAN
Date Announced 07 Mar 2023
Category General Announcement for PLC
Reference Number GA1-07032023-00007



Attachments

  1. Teladan-_Proposed_Acquisition_of_Land_by_Pavilion_Link_Sdn._Bhd._(07.03.2023).pdf (Size: 179,897 bytes)