We refer to our announcements of 13 July 2010 and 15 July 2010 on Tasek Corporation Berhad (TCB)s wholly-owned subsidiary, Tasek Plantation Sdn. Bhd. (TPSB) disposing of its property known as Gunong Kuang Estate in the Mukim of Hulu Kinta, District of Kinta, Perak for a total cash consideration of Ringgit Malaysia Fifty Three Million Eight Hundred and Eighty Eight Thousand Nine Hundred and Ninety Nine (RM53,888,999) only (the Disposal) to Ngan Yin Groundnut Factory Sdn. Bhd. (Co. No. 24765-P) (the Purchaser) through the Conditional Sales and Purchase Agreement (the Agreement) dated 13 July 2010.
We wish to announce that the Disposal has been completed on 15 December 2010 and the balance of the purchase consideration has been paid by the Purchaser to TPSB.
The announcement is dated 15 December 2010.