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

BackMar 29, 2017
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description

SALCON BERHAD ("SALCON" OR "THE COMPANY") PROPOSED ACQUISITION BY SALCON DEVELOPMENT (AUSTRALIA) PTY LTD ("SDA"), A WHOLLY-OWNED SUBSIDIARY OF SALCON DEVELOPMENT SDN BHD, WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF SALCON, OF ALL THAT LAND LOCATED AT 16-22 CLAREMONT STREET, SOUTH YARRA, VICTORIA, AUSTRALIA FROM K. & E. ROGERS PTY LTD FOR A TOTAL CASH CONSIDERATION OF AUD37,880,000.00 ("PROPOSED ACQUISITION")

We refer to the announcements made on 30 June 2016, 5 July 2016 and 14 December 2016 in relation to the Proposed Acquisition. The Board of Directors of Salcon wishes to announce that the Proposed Acquisition has been completed on 29 March 2017.


This announcement is dated 29 March 2017.

 

 





Announcement Info

Company Name SALCON BERHAD
Stock Name SALCON
Date Announced 29 Mar 2017
Category General Announcement for PLC
Reference Number GA1-20032017-00006