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

BackSep 20, 2018
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description

SALCON BERHAD ("SALCON" OR "THE COMPANY") SALE OF SMALL OFFICE HOME OFFICES ("SOHO") TO RELATED PARTIES BY AZITIN VENTURE SDN BHD ("AVSB"), A SUBSIDIARY OF SALCON DEVELOPMENT SDN BHD, WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF SALCON

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 AVSB had on 20 September 2018 entered into two separate sale and purchase agreements (“SPA(s)”) with Dato’ Leong Kok Wah (“Dato Leong”) and Datin Goh Phaik Lynn (“Datin Goh”) (“Purchasers”) for the sale of SOHO under completed project Rés 280 to Dato’ Leong and Datin Goh. 

 

Please refer to the attached file for more details. 

Announcement Info

Company Name SALCON BERHAD
Stock Name SALCON
Date Announced 20 Sep 2018
Category General Announcement for PLC
Reference Number GA1-20092018-00036

Attachments

  1. Salcon_Berhad-Ann-Sales_of_Properties_by_Azitin_Venture_Sdn_Bhd.pdf (Size: 331,819 bytes)