TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PROPOSED DISPOSAL OF ALL THAT LEASEHOLD LANDS HELD UNDER TITLES NO. H.S.(D) 167540 P.T. NO. -, MUKIM DAMANSARA, DAERAH PETALING, NEGERI SELANGOR AND H.S.(D) 168507 P.T. NO. -, BANDAR SHAH ALAM, DAERAH PETALING, NEGERI SELANGOR TOGETHER WITH THREE (3) UNITS OF SINGLE STOREY DETACHED FACTORIES, A FOUR (4) STOREY OFFICE BLOCK, A SINGLE STOREY CANTEEN/STORE AND A GUARD HOUSE ERECTED THEREON FOR A TOTAL DISPOSAL CONSIDERATION OF RM69,500,000 ("PROPOSED DISPOSAL")

AMALGAMATED INDUSTRIAL STEEL BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
PROPOSED DISPOSAL OF ALL THAT LEASEHOLD LANDS HELD UNDER TITLES NO. H.S.(D) 167540 P.T. NO. -, MUKIM DAMANSARA, DAERAH PETALING, NEGERI SELANGOR AND H.S.(D) 168507 P.T. NO. -, BANDAR SHAH ALAM, DAERAH PETALING, NEGERI SELANGOR TOGETHER WITH THREE (3) UNITS OF SINGLE STOREY DETACHED FACTORIES, A FOUR (4) STOREY OFFICE BLOCK, A SINGLE STOREY CANTEEN/STORE AND A GUARD HOUSE ERECTED THEREON FOR A TOTAL DISPOSAL CONSIDERATION OF RM69,500,000 ("PROPOSED DISPOSAL")

Reference is made to Amalgamated Industrial Steel Berhad ("AISB")'s announcements made on 26 and 30 August 2016 in respect of the Proposed Disposal.

The Board of Directors of AISB is pleased to announce that the Proposed Disposal is completed on 1 July 2017.

This announcement is dated 5 July 2017.






Announcement Info

Company Name AMALGAMATED INDUSTRIAL STEEL BERHAD
Stock Name AISB
Date Announced 05 Jul 2017
Category General Announcement for PLC
Reference Number GA1-05072017-00043