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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS DPS RESOURCES BERHAD ("DPS" OR "COMPANY") PROPOSED ACQUISITION BY SHANTAWOOD SDN. BHD. (A WHOLLY-OWNED SUBSIDIARY OF DPS ("SHANTAWOOD" OR "PURCHASER") OF A PIECE OF FREEHOLD LAND HELD UNDER GM 521, LOT 1209, MUKIM TANJONG MINYAK, DAERAH MELAKA TENGAH, STATE OF MELAKA MEASURING WITH AN APPROXIMATE AREA OF 2.853 HECTARES ("PROPERTY") FOR A TOTAL CASH CONSIDERATION OF RM6,141,887.20 ("PURCHASE PRICE") ("PROPOSED ACQUISITION")

DPS RESOURCES BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description 
DPS RESOURCES BERHAD ("DPS" OR "COMPANY")

PROPOSED ACQUISITION BY SHANTAWOOD SDN. BHD. (A WHOLLY-OWNED SUBSIDIARY OF DPS ("SHANTAWOOD" OR "PURCHASER") OF A PIECE OF FREEHOLD LAND HELD UNDER GM 521, LOT 1209, MUKIM TANJONG MINYAK, DAERAH MELAKA TENGAH, STATE OF MELAKA MEASURING WITH AN APPROXIMATE AREA OF 2.853 HECTARES ("PROPERTY") FOR A TOTAL CASH CONSIDERATION OF RM6,141,887.20 ("PURCHASE PRICE") ("PROPOSED ACQUISITION")

Reference is made to the Company's announcement made on 25 May 2021 in relation to the Sale and Purchase Agreement (the “SPA”) entered into between the Vendor and the Purchaser on the Proposed Acquisition, the Company is pleased to announce that the SPA has been completed on 18 November 2021. 

 

This announcement is dated 1 December 2021.



Announcement Info

Company Name DPS RESOURCES BERHAD
Stock Name DPS
Date Announced 01 Dec 2021
Category General Announcement for PLC
Reference Number GA1-30112021-00150




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