BHS Industries Berhad ("BHS" Or "The Company") -Disposal Of A Piece Of Leasehold Industrial Land Measuring Approximately 8,510 Square Metres Held Under H.S. (M) 13156, Pt 23677, Mukim Ceras, Tempat Cheras Jaya, Daerah Hulu Langat, Negeri Selangor Darul Ehsan By BHS Book Printing Sdn Bhd, A Wholly Owned Subsidiary Of BHS Industries Berhad, To Sin Chee Heng Sdn Bhd For A Total Cash Consideration Of RM4,213,778.40 ("Disposal Of Land")

BackJul 22, 2009
Date Announced
:
 22/07/2009  
Type
:
 Announcement
Subject
:
BHS INDUSTRIES BERHAD ("BHS" or "THE COMPANY")
-DISPOSAL OF A PIECE OF LEASEHOLD INDUSTRIAL LAND MEASURING APPROXIMATELY 8,510 SQUARE METRES HELD UNDER H.S. (M) 13156, PT 23677, MUKIM CERAS, TEMPAT CHERAS JAYA, DAERAH HULU LANGAT, NEGERI SELANGOR DARUL EHSAN BY BHS BOOK PRINTING SDN BHD, A WHOLLY OWNED SUBSIDIARY OF BHS INDUSTRIES BERHAD, TO SIN CHEE HENG SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM4,213,778.40 ("DISPOSAL OF LAND")

Contents
:
Further to the announcement dated 20 July 2009 on the Disposal of Land, appended herewith the following additional information for your attention :-

1) The incidental cost to be incurred in connection with the Disposal of Land is about RM15,000.

2) The Company had utilised part of the proceeds arising from the Disposal of Land to acquire 3 lots of lands measuring approximately 21 acres, all situated in the Mukim of Kota Tinggi, District of Kota Tinggi, State of Johor for a total consideration RM2,005,875. The balance of the proceeds will be utilised for other potential future investment.

Attachments

  1. BHS220709.doc (Size: 75,776 bytes)