TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): COMBINATION OF TRANSACTIONS GREEN PACKET BERHAD (“GPB” OR “COMPANY”) (i) PROPOSED DISPOSAL BY WORLDLINE ENTERPRISE SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF GPB OF A PARCEL OF LEASEHOLD LAND TOGETHER WITH A TWELVE AND A HALF (12 1/2) STOREY OFFICE BUILDING (“PROPERTY”) FOR A TOTAL CASH CONSIDERATION OF RM49,000,000 (“PROPOSED DISPOSAL”); AND (ii) PROPOSED TENANCY OF THE SAID PROPERTY BY PACKET ONE NETWORKS (MALAYSIA) SDN BHD, A 55%-OWNED SUBSIDIARY OF GPB (“PROPOSED TENANCY”) (PROPOSED DISPOSAL AND PROPOSED TENANCY SHALL COLLECTIVELY BE REFERRED TO AS “PROPOSALS”)

GREEN PACKET BERHAD

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
COMBINATION OF TRANSACTIONS
Description
GREEN PACKET BERHAD (“GPB” OR “COMPANY”)

(i) PROPOSED DISPOSAL BY WORLDLINE ENTERPRISE SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF GPB OF A PARCEL OF LEASEHOLD LAND TOGETHER WITH A TWELVE AND A HALF (12 1/2) STOREY OFFICE BUILDING (“PROPERTY”) FOR A TOTAL CASH CONSIDERATION OF RM49,000,000 (“PROPOSED DISPOSAL”); AND

(ii) PROPOSED TENANCY OF THE SAID PROPERTY BY PACKET ONE NETWORKS (MALAYSIA) SDN BHD, A 55%-OWNED SUBSIDIARY OF GPB (“PROPOSED TENANCY”)

(PROPOSED DISPOSAL AND PROPOSED TENANCY SHALL COLLECTIVELY BE REFERRED TO AS “PROPOSALS”)


Announcement Info

Company NameGREEN PACKET BERHAD  
Stock Name GPACKET    
Date Announced28 Jan 2014  
CategoryGeneral Announcement
Reference NoMB-140128-63927