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

BackOct 02, 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

All terms and expressions used herein shall have the same meaning as those used in the Company’s announcement dated 20 September 2018 in relation to the sale of SOHO to the related parties by AVSB, unless stated otherwise.

Further to the announcement made on 20 September 2018 in relation to the sale of SOHO to the related parties by AVSB, the Board of Directors of the Company wishes to announce that the Transactions I have been completed on 2 October 2018.

This announcement is dated 2 October 2018.

Announcement Info

Company Name SALCON BERHAD
Stock Name SALCON
Date Announced 02 Oct 2018
Category General Announcement for PLC
Reference Number GA1-02102018-00046