Investor Relations

Announcements

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

< BackSep 01, 2016
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description

Proposed Acquisition of Properties by Sarawak Plantation Agriculture Development Sdn. Bhd., a wholly owned subsidiary of Sarawak Plantation Berhad, for a total cash consideration of RM76,000,000-00

The Board of Directors of Sarawak Plantation Berhad is pleased to announce that its wholly owned subsidiary, Sarawak Plantation Agriculture Development Sdn. Bhd., has on 1 September 2016 entered into 2 Sale and Purchase Agreements to purchase 2 parcels of lands together with oil palm plantations existing thereon from Magna Wide Sdn. Bhd. and Magna Wide Enterprise Sdn. Bhd. respectively for a total cash consideration of RM76,000,000-00.

For further details, please refer to the attachment.

This announcement is dated 1 September 2016.




Announcement Info

Company Name SARAWAK PLANTATION BERHAD
Stock Name SWKPLNT
Date Announced 01 Sep 2016
Category General Announcement for PLC
Reference Number GA1-01092016-00047

Attachments

  1. Announcement_-_Acquisition_(01.09.2016).pdf (Size: 47,796 bytes)