TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS TH PLANTATIONS BERHAD ("THP" OR "THE COMPANY")- PROPOSED DISPOSALS OF 100% EQUITY INTERESTS IN BUMI SURIA VENTURES SDN BHD AND MAJU WARISANMAS SDN BHD
| TH PLANTATIONS BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | TH PLANTATIONS BERHAD ("THP" OR "THE COMPANY")-
PROPOSED DISPOSALS OF 100% EQUITY INTERESTS IN BUMI SURIA VENTURES SDN BHD AND MAJU WARISANMAS SDN BHD |
|
The Company wishes to announce that on 5 December 2019, THP had entered into a Sale Purchase Agreement with Tamaco Plantation Sdn Bhd to dispose its entire equity interests in Bumi Suria Ventures Sdn Bhd and Maju Warisanmas Sdn Bhd, both for a total cash consideration of RM170.0 million ("Proposed Disposals").
Please refer to the attachment for further details of the Proposed Disposals.
This announcement is dated 5 December 2019. |
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Please refer attachment below.
Announcement Info
| Company Name | TH PLANTATIONS BERHAD |
| Stock Name | THPLANT |
| Date Announced | 05 Dec 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-05122019-00024 |
