TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS CREST GROUP BERHAD (“CREST” OR THE “COMPANY”) PROPOSED ACQUISITION OF ALL THAT PIECE AND PARCEL OF FREEHOLD INDUSTRIAL LAND HELD UNDER H.S.(D) 121082, NO. PT 39502, MUKIM PETALING, DAERAH PETALING, NEGERI SELANGOR FOR A PURCHASE PRICE OF RM16,500,000 BY CREST SYSTEMS (M) SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF CREST
| CREST GROUP BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | CREST GROUP BERHAD (“CREST” OR THE “COMPANY”) PROPOSED ACQUISITION OF ALL THAT PIECE AND PARCEL OF FREEHOLD INDUSTRIAL LAND HELD UNDER H.S.(D) 121082, NO. PT 39502, MUKIM PETALING, DAERAH PETALING, NEGERI SELANGOR FOR A PURCHASE PRICE OF RM16,500,000 BY CREST SYSTEMS (M) SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF CREST |
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The Board of Directors of Crest wishes to announce that Crest Systems (M) Sdn. Bhd., a wholly-owned subsidiary of the Company, had on 16 December 2024 entered into a conditional sale and purchase agreement with Dolphin Applications Sdn. Bhd., a wholly-owned subsidiary of Oasis Harvest Corporation Berhad (formerly known as Dolphin International Berhad) , for the purchase of all that piece and parcel of freehold industrial land held under H.S.(D) 121082, No. PT 39502, Mukim Petaling, Daerah Petaling, Negeri Selangor measuring approximately 2,462.77 square meters, with a 3- storey detached factory and a 3-storey office annexed together with a guardhouse, bearing the postal address of No. 20, Jalan Industri PBP 9, Taman Industri Pusat Bandar Puchong, 47100 Puchong, Selangor Darul Ehsan erected thereon for a cash consideration of RM16,500,000.
Please refer to the attachment for the details of the announcement.
This announcement is dated 16 December 2024. |
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Please refer attachment below.
Announcement Info
| Company Name | CREST GROUP BERHAD |
| Stock Name | CREST |
| Date Announced | 16 Dec 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-16122024-00025 |