TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS RGT BERHAD (RGTBHD or Company) ACQUISITION OF A PROPERTY BY RAPID GROWTH TECHNOLOGY SDN. BHD., A 60%-OWNED SUBSIDIARY OF RGTBHD AT A TOTAL CONSIDERATION OF RM7,500,000.00

RGT BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
RGT BERHAD (RGTBHD or Company)
	ACQUISITION OF A PROPERTY BY RAPID GROWTH TECHNOLOGY SDN. BHD., A 60%-OWNED SUBSIDIARY OF RGTBHD AT A TOTAL CONSIDERATION OF RM7,500,000.00

The Board of Directors of RGTBHD wishes to announce that Rapid Growth Technology Sdn. Bhd., a 60%-owned subsidiary of RGTBHD, has on 31 January 2020 entered into a Sale and Purchase Agreement with ALPS COATING SDN BHD for the acquisition of a land and building at a total consideration of Ringgit Malaysia Seven Million and Five Hundred Thousand (RM7,500,000.00) only. Please refer to the attachment for the details of the announcement.




Please refer attachment below.



Announcement Info

Company Name RGT BERHAD
Stock Name RGTBHD
Date Announced 31 Jan 2020
Category General Announcement for PLC
Reference Number GA1-30012020-00027