TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS MALAYSIA PACIFIC CORPORATION BERHAD ("MPCORP" OR THE "COMPANY") PROPOSED DISPOSAL OF WISMA MPL BY MPCORP, ASA ENTERPRISES SDN BHD ("ASA ENTERPRISES"), ORIENTAL PEARL CITY PROPERTIES SDN BHD ("ORIENTAL PEARL") (WHOLLY-OWNED SUBSIDIARIES OF MPCORP) TO ASIA NEW VENTURE CAPITAL HOLDINGS SDN BHD ("PURCHASER") FOR A CASH CONSIDERATION OF RM189,000,000 ("PROPOSED BUILDING DISPOSAL")

MALAYSIA PACIFIC CORPORATION BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
MALAYSIA PACIFIC CORPORATION BERHAD ("MPCORP" OR THE "COMPANY")

PROPOSED DISPOSAL OF WISMA MPL BY MPCORP, ASA ENTERPRISES SDN BHD ("ASA ENTERPRISES"), ORIENTAL PEARL CITY PROPERTIES SDN BHD ("ORIENTAL PEARL") (WHOLLY-OWNED SUBSIDIARIES OF MPCORP) TO ASIA NEW VENTURE CAPITAL HOLDINGS SDN BHD ("PURCHASER") FOR A CASH CONSIDERATION OF RM189,000,000 ("PROPOSED BUILDING DISPOSAL")

We refer to the announcements dated 11 March 2019, 15 March 2019, 8 April 2019 and 9 May 2019 in relation to the Proposed Building Disposal (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

On behalf of the Board, TA Securities wishes to announce that Bursa Securities through its letter dated 28 May 2019 granted the Company an extension of time of up to 30 June 2019 to submit its draft circular to shareholders for the Proposed Building Disposal, to Bursa Securities.

 

This announcement is dated 28 May 2019.






Announcement Info

Company Name MALAYSIA PACIFIC CORPORATION BERHAD
Stock Name MPCORP
Date Announced 28 May 2019
Category General Announcement for PLC
Reference Number GA1-28052019-00048