TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS SURIA CAPITAL HOLDINGS BERHAD ("SURIA" OR "COMPANY") PROPOSED ALIENATION OF A PARCEL OF LAND MEASURING APPROXIMATELY 28.9 ACRES (11.7 HECTARES) ("KK LAND") TO SURIA

SURIA CAPITAL HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
SURIA CAPITAL HOLDINGS BERHAD ("SURIA" OR "COMPANY")

PROPOSED ALIENATION OF A PARCEL OF LAND MEASURING APPROXIMATELY 28.9 ACRES (11.7 HECTARES) ("KK LAND") TO SURIA

Reference is made to the announcement made by the Company on 23 September 2016 in relation to the KK Land.

On behalf of the Board of Directors of Suria (“Board”), RHB Investment Bank Berhad is pleased to announce that the Company had received an offer letter from Sabah State’s Lands and Surveys Department dated 22 December 2017 to alienate the KK Land located within Tanjung Lipat, Kota Kinabalu to Suria (“Offer Letter”). After deliberating on the Offer Letter, the Board is of the view that the terms of the Offer Letter are acceptable to the Company. The Company will now proceed to comply with the terms of the Offer Letter and will make the necessary announcement in due course.

Please refer to the attachment below for further details of the Offer Letter.

This announcement is dated 28 December 2017.




Please refer attachment below.

Attachments

Suria - Proposed Alienation.pdf
206.6 kB



Announcement Info

Company Name SURIA CAPITAL HOLDINGS BERHAD
Stock Name SURIA
Date Announced 28 Dec 2017
Category General Announcement for PLC
Reference Number GA1-27122017-00073