Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
Description |
PROPOSED SALE OF LOT 482 BLOCK 4 MIRI CONCESSION LAND DISTRICT BY SEALINK SDN. BHD. TO CMS CEMENT INDUSTRIES SDN BHD |
The Board of Directors of Sealink International Berhad (“SEALINK”) wishes to announce that on 1 October 2018, its wholly owned subsidiary, Sealink Sdn. Bhd. (Company No. 20471-D) (“Vendor”) has entered into a sale and purchase agreement (“SPA”) with CMS Cement Industries Sdn Bhd (“CMS”) (“Purchaser”) to sell all that parcel of vacant “industrial purposes” land situate at Piasau Industrial Estate, Miri, containing 1.94410 hectares, more or less, and described as Lot 482 Block 4 Miri Concession Land District (“Land”) from Sealink Sdn. Bhd. for a total cash consideration of Ringgit Malaysia Twenty-Six Million and Five Hundred Thousand (RM26,500,000.00) only (“Sale Consideration”). Please refer to attachment for Details of the Proposed Sale. |
Company Name | SEALINK INTERNATIONAL BERHAD |
Stock Name | SEALINK |
Date Announced | 01 Oct 2018 |
Category | General Announcement for PLC |
Reference Number | GA1-01102018-00105 |
Attachments