PROPOSED DISPOSAL BY PLB LAND SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF PLB ENGINEERING BERHAD, OF FIVE (5) PARCELS OF FREEHOLD AGRICULTURAL LAND ALL WITHIN MUKIM 13, DISTRICT OF SEBERANG PERAI UTARA, STATE OF PULAU PINANG TO TELAGA RAYA SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM48 MILLION.