Transactions (Chapter 10 Of Listing Requirements):Non Related Party Transactions

BackDec 31, 2014
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description BHS INDUSTRIES BERHAD (“BHS” OR THE “COMPANY”)

ACQUISITION OF A LEASEHOLD PROPERTY HELD UNDER INDIVIDUAL TITLE H.S. (M) 13154, P.T. 23675, MUKIM CHERAS, TEMPAT CHERAS JAYA, DAERAH HULU LANGAT, NEGERI SELANGOR BEARING POSTAL ADDRESS OF LOT 4, JALAN 1B, TAMAN CHERAS JAYA, 43200 CHERAS, SELANGOR DARUL EHSAN BY BHS BOOK PRINTING SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF BHS, FOR A PURCHASE CONSIDERATION OF RM15.6 MILLION

The Board of Directors of BHS wishes to announce that on 31 December 2014, BHS Book Printing Sdn. Bhd., a wholly-owned subsidiary of BHS, had entered into a sale and purchase agreement with Makmur Malaya Sdn. Bhd. to acquire all that piece of leasehold property held under individual title H.S. (M) 13154, P.T. 23675, Mukim Cheras, Tempat Cheras Jaya, Daerah Hulu Langat, Negeri Selangor bearing postal address of Lot 4, Jalan 1B, Taman Cheras Jaya, 43200 Cheras, Selangor Darul Ehsan, measuring approximately 7,356 square meters for a purchase consideration of Ringgit Malaysia Fifteen Million and Six Hundred Thousand (RM15,600,000.00).

Please refer to the announcement as attached for further details.

 


Announcement Info

Company Name BHS INDUSTRIES BERHAD  
Stock Name BHS    
Date Announced 31 Dec 2014  
Category General Announcement
Reference No CA-141231-33755

Attachments

  1. BHS-Acquisition_of_Property-Final.pdf (Size: 258,584 bytes)