Transactions (chapter 10 Of Listing Requirements) : Non Related Party Transactions
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description |
SALCON BERHAD ("SALCON" OR "THE COMPANY") DISPOSAL BY SALCON POWER (HK) LIMITED ("SPL" OR "THE SELLER"), A WHOLLY-OWNED SUBSIDIARY OF SALCON, OF THE BUSINESS OF A PORTFOLIO COMPRISING 208 UNITS OF SOLAR PHOTOVOLTAIC ELECTRICITY GENERATING SYSTEMS TO ACP SOLAR LIMITED ("ACP" OR "THE PURCHASER") FOR A TOTAL CASH CONSIDERATION OF £949,114.09 |
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Pursuant to Paragraphs 10.06(1) and 10.12 of Bursa Malaysia Securities Berhad (“Bursa Securities”) Main Market Listing Requirements (“Main LR”), the Board of Directors of Salcon wishes to announce that SPL had on 8 November 2018 entered into an agreement for the sale and purchase of the business of a portfolio comprising 208 units of solar photovoltaic (“PV”) electricity generating systems (“the PV Systems”) (“SPA I”) with ACP for the disposal of 208 units of the PV Systems together with the Airspace Leases, Purchased Contracts and Feed-In Tariff (“FIT”) Registrations, the goodwill attaching to the business and incidental rights relating to them (“Assets I”) by SPL to ACP for a total cash consideration of £949,114.09 (“Transaction I”). Please refer to the attached file for more details. |
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Announcement Info
| Company Name | SALCON BERHAD |
| Stock Name | SALCON |
| Date Announced | 09 Nov 2018 |
| Category | General Announcement for PLC |
| Reference Number | GA1-09112018-00010 |
Attachments
- Salcon-Ann-Disposal_of_PV_Systems_by_Salcon_Power_(HK)_Limited_to_ACP_Solar_Limited.pdf (Size: 464,262 bytes)