Bursa Announcements

Date: 23 August 2013

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS SENTORIA GROUP BERHAD ("SENTORIA" OR "THE COMPANY") SALE AND PURCHASE AGREEMENT BETWEEN SENTORIA BORNEO LAND SDN BHD (“SBLSB”), A WHOLLY-OWNED SUBSIDIARY OF SENTORIA GROUP BERHAD (“SENTORIA” OR “THE COMPANY”) AND PROJEK BANDAR SAMARIANG SDN. BHD.

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description SENTORIA GROUP BERHAD ("SENTORIA" OR "THE COMPANY")
SALE AND PURCHASE AGREEMENT BETWEEN SENTORIA BORNEO LAND SDN BHD (“SBLSB”), A WHOLLY-OWNED SUBSIDIARY OF SENTORIA GROUP BERHAD (“SENTORIA” OR “THE COMPANY”) AND PROJEK BANDAR SAMARIANG SDN. BHD.

The Board of Directors of Sentoria Group Berhad (“Sentoria” or “the Company”) is pleased to announce that Sentoria Borneo Land Sdn Bhd (Company No. 1044844-V) (“SBL” or “the Purchaser”), a wholly-owned subsidiary of the Company, has on 23 August 2013 entered into a Sale and Purchase Agreement (“SPA” or “this Agreement”) with Projek Bandar Samariang Sdn. Bhd. (Company No. 443828-P) (“PBS” or “the Landowner” or “the Vendor”) to purchase the sub-division land, measuring approximately 300 acres, known as Residential Land-1 and Residential Land-2 situated at Bandar Samariang township, Kuching of Lots 7077 and 7686 both in Block 9 Salak Land District (“the Lands”) for a purchase consideration of RM30,000,000.00 (hereinafter also referred to as “the Purchase Price”) on a “as-is-where-is” basis, subject to the fulfillment of the conditions precedent and all the terms and conditions as contained in the SPA.

The details of the announcement are set out in the attached file.

This announcement is dated 23 August 2013.

ATTACHMENT

- Draft Announcement-SPA Residential Precinct 230813-FINAL.pdf

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