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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS ACQUISITION OF INDUSTRIAL LAND FOR CASH CONSIDERATION OF RM13,584,330.00

AURELIUS TECHNOLOGIES BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
ACQUISITION OF INDUSTRIAL LAND FOR CASH CONSIDERATION OF RM13,584,330.00

Reference is made to the announcements of Aurelius Technologies Berhad (the "Company") made on 7 May 2024, 15 May 2023, 10 May 2023, 20 April 2023, 14 April 2023, 14 March 2023 and 13 January 2023 in relation to the acceptance of the letter of offer from Northern Technocity Sdn. Bhd. for the purchase of a vacant industrial land measuring approximately 301,874 sq. ft., located within Kulim Hi-Tech Park held under HS(D) 83925, PT 5930 Seksyen 39, Bandar Kulim, District of Kulim, State of Kedah, for a total cash consideration of Ringgit Malaysia Thirteen Million Five Hundred Eighty Four Thousand and Three Hundred Thirty (RM13,584,330.00) only. 

 

The Board of Directors of the Company wishes to announce that BCM Electronics Corporation Sdn. Bhd., a wholly owned subsidiary of the Company, had, on 13 May 2024, held a Groundbreaking Ceremony to mark the commencement of the construction of the new 243,977 sq. ft. integrated manufacturing plant for the introduction of advanced manufacturing for the new automotive and IoT businesses.

 

The press release for the Groundbreaking Ceremony is as attached. 

 

This announcement is dated 13 May 2024.

 

 




Please refer attachment below.



Announcement Info

Company Name AURELIUS TECHNOLOGIES BERHAD
Stock Name ATECH
Date Announced 13 May 2024
Category General Announcement for PLC
Reference Number GA1-13052024-00076



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