General Announcement for PLC

07/03/2016

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS XIN HWA HOLDINGS BERHAD ("XHH" OR THE "COMPANY") ACQUISITION OF A PIECE OF FREEHOLD LAND HELD UNDER GERAN MUKIM 1694 LOT 1822, SITUATED IN THE MUKIM TEBRAU, DISTRICT OF JOHOR BAHRU, STATE OF JOHOR BY XIN HWA TRADING & TRANSPORT SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF XHH

XIN HWA HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description 
XIN HWA HOLDINGS BERHAD ("XHH" OR THE "COMPANY")

ACQUISITION OF A PIECE OF FREEHOLD LAND HELD UNDER GERAN MUKIM 1694 LOT 1822, SITUATED IN THE MUKIM TEBRAU, DISTRICT OF JOHOR BAHRU, STATE OF JOHOR BY XIN HWA TRADING & TRANSPORT SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF XHH

The Board of Directors of XHH wishes to announce that Xin Hwa Trading & Transport Sdn. Bhd., a wholly-owned subsidiary of XHH, has on even date entered into a sale and purchase agreement with Sunther A/L Annamalai to acquire a piece of freehold vacant land held under Geran Mukim 1694 Lot 1822, situated in the Mukim Tebrau, District of Johor Bahru, State of Johor, measuring approximately 1.252 hectare for a total cash consideration of RM5,862,240.96 (“Acquisition”).

Please refer to the attached announcement for further information on the Acquisition.

This announcement is dated 7 March 2016.


Please refer attachment below.


Announcement Info

Company Name XIN HWA HOLDINGS BERHAD
Stock Name XINHWA
Date Announced 07 Mar 2016
Category General Announcement for PLC
Reference Number GA1-07032016-00018


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