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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS TRANSOCEAN HOLDINGS BERHAD ("THB" OR "COMPANY") PROPOSED DISPOSAL OF 3 PIECES OF FREEHOLD LAND TOGETHER WITH A SINGLE-STOREY BONDED WAREHOUSE AND A 5-STOREY OFFICE BLOCK ERECTED THEREON FOR A CASH CONSIDERATION OF RM30.15 MILLION ("PROPOSED DISPOSAL")

TRANSOCEAN HOLDINGS BHD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
TRANSOCEAN HOLDINGS BERHAD ("THB" OR "COMPANY")

PROPOSED DISPOSAL OF 3 PIECES OF FREEHOLD LAND TOGETHER WITH A SINGLE-STOREY BONDED WAREHOUSE AND A 5-STOREY OFFICE BLOCK ERECTED THEREON FOR A CASH CONSIDERATION OF RM30.15 MILLION ("PROPOSED DISPOSAL")
We refer to the Company’s announcement dated 23 May 2023 in relation to the Proposed Disposal.

On behalf of the Board of Directors of THB (“Board”), Maybank Investment Bank Berhad (“Maybank IB”) wishes to announce that the Company and Swift Integrated Logistics Sdn Bhd (“Swift Integrated” or “Purchaser”), a wholly-owned subsidiary of Swift Haulage Berhad (“Swift Haulage”) have today entered into a conditional sale and purchase agreement for the Proposed Disposal (“SPA”).

Please refer to the attachment for further details on the Proposed Disposal.

This Announcement is dated 28 November 2023.



Please refer attachment below.



Announcement Info

Company Name TRANSOCEAN HOLDINGS BHD
Stock Name TOCEAN
Date Announced 28 Nov 2023
Category General Announcement for PLC
Reference Number GA1-28112023-00084



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