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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS Selangor Dredging Berhad - Acquisition of Lands by Prestij Permai Sdn Bhd

SELANGOR DREDGING BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
Selangor Dredging Berhad
- Acquisition of Lands by Prestij Permai Sdn Bhd

The Board of Directors of Selangor Dredging Berhad wishes to announce that its wholly-owned subsidiary, Prestij Permai Sdn Bhd has entered into a Sale and Purchase Agreement with Xtra Touch Sdn Bhd on 31 October 2023 to acquire vacant leasehold land on an “as is where is” basis together with completed earthworks located in Mukim Dengkil, Daerah Sepang, Negeri Selangor and measuring approximately 29.19 acres for a purchase price of Ringgit Malaysia Eighty Seven Million Nine Hundred Thousand (RM87,900,000.00) only.

 

(The above is hereinafter collectively referred to as “Acquisition”)

 

Please refer to the attachment for further details of the Acquisition.

 

This announcement is dated 31 October 2023.




Please refer attachment below.



Announcement Info

Company Name SELANGOR DREDGING BERHAD
Stock Name SDRED
Date Announced 31 Oct 2023
Category General Announcement for PLC
Reference Number GA1-31102023-00040



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