Transactions (Chapter 10 Of Listing Requirements) : Related Party Transactions
BackDec 17, 2021
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | SALCON BERHAD ("SALCON" OR "COMPANY") DISPOSAL OF 2 UNITS OF 3-STOREY SHOP OFFICE ERECTED ON 2 SEPARATE PIECES OF FREEHOLD LANDS LOCATED IN BANDAR PUTERI, 41200 KLANG, SELANGOR DARUL EHSAN AND ALL THAT PIECE OF FREEHOLD BUNGALOW LAND LOCATED IN MUKIM BERANANG, DAERAH ULU LANGAT, SELANGOR DARUL EHSAN TO LOW CHEE HAUR BY ENVITECH SDN BHD ("ENVITECH" OR "VENDOR"), A 60%-OWNED SUBSIDIARY OF SALCON ENGINEERING BERHAD ("SEB"), WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF SALCON
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Pursuant to Paragraphs 10.08(1) and 10.12 of Bursa Malaysia Securities Berhad Main Market Listing Requirements, the Board of Directors of Salcon wishes to announce that Envitech had on 17 December 2021 entered into 2 separate sale and purchase agreements (“SPA(s)”) with Low Chee Haur (“LCH” or “Purchaser”) for the sale of the properties.
Please refer to the attachment for further details.
Please refer attachment below.
Announcement Info
| Company Name | SALCON BERHAD |
| Stock Name | SALCON |
| Date Announced | 17 Dec 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-17122021-00043 |
Attachments
- Salcon_Ann_Disposal_of_Properties_by_Envitech_to_Low_Chee_Haur_final.pdf (Size: 204,755 bytes)