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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PARAGON GLOBE BERHAD ("PGB OR COMPANY") PROPOSED ACQUISITION BY PGB ICONIC SDN BHD (PISB), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, OF ONE (1) PARCEL OF FREEHOLD LAND HELD UNDER HS(D) 135013 PTB 17989 TOWNSHIP OF JOHOR BAHRU, DISTRICT OF JOHOR BAHRU, STATE OF JOHOR

PARAGON GLOBE BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
PARAGON GLOBE BERHAD ("PGB OR COMPANY")

PROPOSED ACQUISITION BY PGB ICONIC SDN BHD (PISB), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, OF ONE (1) PARCEL OF FREEHOLD LAND HELD UNDER HS(D) 135013 PTB 17989 TOWNSHIP OF JOHOR BAHRU, DISTRICT OF JOHOR BAHRU, STATE OF JOHOR

The Board of Directors of the Company (“Board”) wishes to announced that PGB Iconic Sdn Bhd ("PISB"), a wholly-owned subsidiary of the Company, has today entered into a sale and purchase agreement with Besview Holdings Sdn Bhd for the proposed acquisition of one (1) parcel of freehold land held under HS(D) 135013 PTB 17989 Township of Johor Bahru, District of Johor Bahru, State of Johor measuring approximately 5,297.9012 square meters (approximately 57,028 square feet) for a purchase price of RM16,538,120.00 only.

This announcement is dated 3 November 2023.




Please refer attachment below.



Announcement Info

Company Name PARAGON GLOBE BERHAD
Stock Name PGLOBE
Date Announced 03 Nov 2023
Category General Announcement for PLC
Reference Number GA1-23102023-00066



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