TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS KANGER INTERNATIONAL BERHAD ("KANGER" OR THE " COMPANY") - SALE AND PURCHASE AGREEMENT BETWEEN KANTARA SDN. BHD. AND PIONEER RESOURCES DEVELOPMENT SDN. BHD. IN RESPECT OF PROPOSED DISPOSAL OF TWENTY THREE (23) UNITS IN BLOCK A OF ANTARA @ GENTING HIGHLANDS
| KANGER INTERNATIONAL BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | KANGER INTERNATIONAL BERHAD ("KANGER" OR THE " COMPANY")
- SALE AND PURCHASE AGREEMENT BETWEEN KANTARA SDN. BHD. AND PIONEER RESOURCES DEVELOPMENT SDN. BHD. IN RESPECT OF PROPOSED DISPOSAL OF TWENTY THREE (23) UNITS IN BLOCK A OF ANTARA @ GENTING HIGHLANDS |
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We refer to the earlier announcements dated 24 February 2021 and 9 August 2024 in relation to the acquisition of one hundred and twenty six (126) units of serviced apartments at ANTARA @ Genting Highlands.
The Board of Directors of Kanger wishes to announce that Kantara Sdn. Bhd. (Registration No. 202201027113 (1472810-M)) ("Kantara" or "the Vendor"), a wholly-owned subsidiary of the Company had entered into a Sale and Purchase Agreement ("SPA") dated 5 February 2026 with Pioneer Resources Development Sdn. Bhd. (Registration No. 202201021303 (1467000-X)) ("Pioneer Resources" or "the Purchaser") for the purpose of disposing of twenty-three (23) units in Block A of ANTARA @ Genting Highlands for a total consideration of RM25,930,500.00 (the "Consideration") ("Proposed Disposal").
Please refer to the attachment for the details of the announcement.
This announcement is dated 5 February 2026. |
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Please refer attachment below.
Announcement Info
| Company Name | KANGER INTERNATIONAL BERHAD |
| Stock Name | KANGER |
| Date Announced | 05 Feb 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-06102025-00031 |