General Announcement for PLC
01/08/2016TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PURCHASE OF ALL THAT PIECE OF A LEASEHOLD LAND HELD UNDER PAJAKAN NEGERI NO. HAKMILIK: 2176, LOT NO: 475 KAWASAN BANDAR XXXIX, DAERAH MELAKA TENGAH, NEGERI MELAKA BY THE COMPANY'S WHOLLY-OWNED SUBSIDIARY, TRISTAR CITY SDN. BHD.
| O&C RESOURCES BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | PURCHASE OF ALL THAT PIECE OF A LEASEHOLD LAND HELD UNDER PAJAKAN NEGERI NO. HAKMILIK: 2176, LOT NO: 475 KAWASAN BANDAR XXXIX, DAERAH MELAKA TENGAH, NEGERI MELAKA BY THE COMPANY'S WHOLLY-OWNED SUBSIDIARY, TRISTAR CITY SDN. BHD. |
|
Reference is made to the Company's announcements made on 13 August 2015 and 14 August 2015 in relation to the conditional Sale and Purchase Agreement ("SPA") between Tristar City Sdn. Bhd., a wholly-owned subsidiary of the Company, with Mega Irama Enigma Sdn. Bhd. to acquire a piece of land held under Pajakan Negeri No. Hakmilik: 2176, Lot No: 475, Kawasan Bandar XXXIX, Daerah Melaka Tengah, Negeri Melaka for a cash purchase consideration of RM9,316,165.00 (“Announcement”). The Board of Directors of O&C Resources Berhad wishes to announce that both parties had fulfilled the precedent conditions of the said SPA. Therefore, the above Transaction was completed on 29 July 2016. This announcement is dated 1 August 2016. |
|
Announcement Info
| Company Name | O&C RESOURCES BERHAD |
| Stock Name | OCR |
| Date Announced | 01 Aug 2016 |
| Category | General Announcement for PLC |
| Reference Number | GA1-01082016-00054 |
Related Announcements for OCR