OTHERS INTENTION TO ACQUIRE THE PLANTATION ASSET (AS DEFINED HEREINUNDER) IN THE DISTRICT OF LABUK AND SUGUT, SABAH MEASURING APPROXIMATELY 11,579.31 HECTARES FOR A TOTAL CASH CONSIDERATION OF RM750 MILLION BY BOUSTEAD RIMBA NILAI SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF BOUSTEAD PLANTATIONS BERHAD, FROM PERTAMA LAND & DEVELOPMENT SDN BHD, A WHOLLY-OWNED SUB-SUBSIDIARY OF DUTALAND BERHAD

DUTALAND BERHAD

Type Announcement
Subject OTHERS
Description
INTENTION TO ACQUIRE THE PLANTATION ASSET (AS DEFINED HEREINUNDER) IN THE DISTRICT OF LABUK AND SUGUT, SABAH MEASURING APPROXIMATELY 11,579.31 HECTARES FOR A TOTAL CASH CONSIDERATION OF RM750 MILLION BY BOUSTEAD RIMBA NILAI SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF BOUSTEAD PLANTATIONS BERHAD, FROM PERTAMA LAND & DEVELOPMENT SDN BHD, A WHOLLY-OWNED SUB-SUBSIDIARY OF DUTALAND BERHAD

The full text of the Announcement is attached herewith.




Please refer attachment below.



Announcement Info

Company Name DUTALAND BERHAD
Stock Name DUTALND
Date Announced 22 Aug 2017
Category General Announcement for PLC
Reference Number GA1-21082017-00028