General Announcement for PLC

17/08/2022

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS OVERSEA ENTERPRISE BERHAD ("OEB" OR "THE COMPANY") - DISPOSAL OF PROPERTIES BY SUBSIDIARIES

OVERSEA ENTERPRISE BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description 
OVERSEA ENTERPRISE BERHAD ("OEB" OR "THE COMPANY")
- DISPOSAL OF PROPERTIES BY SUBSIDIARIES

The Board of Directors of Oversea Enterprise Berhad ("OEB" or "The Company") wishes to announce that its subsidiaries, EMP Collection Sdn Bhd (formerly known as Restoran Tsim Tung Sdn Bhd) and Haewaytian Restaurant Sdn Bhd have on 17 August 2022, entered into the Sale and Purchase Agreements with Mr Yu Soo Chye @ Yee Soo Chye, Ms Yu Suat Yin and Ms Yu Suat Li to dispose the properties for a total purchase consideration of RM3,100,000.00 subject to the terms and conditions of the Sale and Purchase Agreements.

 

Please refer to the attachment for further details. 

 

This announcement is dated 17 August 2022.


Please refer attachment below.


Announcement Info

Company Name OVERSEA ENTERPRISE BERHAD
Stock Name OVERSEA
Date Announced 17 Aug 2022
Category General Announcement for PLC
Reference Number GA1-07042022-00011


Related Announcements for OVERSEA
Date Title
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08/04/2022 OTHERS Oversea Enterprise Berhad - Change in Composition of Investment Committee
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10/03/2021 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : BONUS ISSUES OVERSEA ENTERPRISE BERHAD ("OVERSEA" OR THE "COMPANY") (I) PROPOSED SHARE SPLIT; AND (II) PROPOSED BONUS ISSUE OF WARRANTS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
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