Bursa
Announcements
Transactions (Chapter 10 Of Listing Requirements) : Related Party Transactions
BackMar 09, 2023
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
Description |
ABLE GLOBAL BERHAD ("AGB" OR "THE COMPANY") PROPOSED DISPOSAL OF A PARCEL OF LAND MEASURING APPROXIMATELY 23.538 ACRES ("LAND") BY ABLE DEVELOPMENT SDN BHD ("ADSB"), A 70%-OWNED SUBSIDIARY OF AGB, FOR A TOTAL CASH CONSIDERATION OF RM18,455,675.04 ("DISPOSAL CONSIDERATION") ("PROPOSED DISPOSAL") |
The Board of Directors of AGB (“Board”) wishes to announce that Able Development Sdn. Bhd. ("ADSB"), a 70%-owned subsidiary of AGB, had on 09 March 2023 entered into a sale and purchase agreement with Able Perfect Sdn Bhd (“APSB”) in relation to the Proposed Disposal (“SPA”).
Detailes of the Proposed Disposal is in the attached file.
This announcement is dated 09 March 2023.
Please refer attachment below:- |
Please refer attachment below.
Announcement Info
Company Name | ABLE GLOBAL BERHAD |
Stock Name | ABLEGLOB |
Date Announced | 09 Mar 2023 |
Category | General Announcement for PLC |
Reference Number | GA1-24022023-00083 |
Attachments
- Statement_for_the_Announcement.pdf (Size: 140,989 bytes)