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

BackFeb 16, 2015
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description HIAP HUAT HOLDINGS BERHAD ("HHH" OR "THE COMPANY")
- PROPOSED ACQUISITION OF SEVEN (7) UNITS OF OFFICE SUITES WITHIN AN ON-GOING DEVELOPMENT PROJECT KNOWN AS “SUNWAY NEXIS SOHO” ERECTED ON THE LAND HELD UNDER MASTER TITLE PN 94193, LOT 656570 (FORMERLY KNOWN AS H.S. (D) NO. 145186, PT NO. 371) [FORMERLY FORMING PART OF LAND UNDER MASTER TITLE H.S (D) 103054, PT NO. 33491] IN THE MUKIM PEKAN BARU SUNGAI BULOH, DAERAH PETALING, NEGERI SELANGOR FOR A TOTAL CASH CONSIDERATION OF RM11,145,750.00

Unless otherwise defined, the terms used in this announcement shall have the same meaning as those defined in the announcement dated 10 May 2013.

Reference is made to the announcement dated 10 May 2013 in relation to the Proposed Acquisition.

The Board of Directors of HHH (“Board”) wish to announce that the Company obtained vacant possession of the Properties from the Vendor and as such the Proposed Acquisition was deemed duly completed.

This announcement is dated 16 February 2015.

 


Announcement Info

Company Name HIAP HUAT HOLDINGS BERHAD (ACE Market) 
Stock Name HHHCORP    
Date Announced 16 Feb 2015  
Category General Announcement
Reference No CC-150216-BD563