SOLID

0.125

-0.005 (-3.8%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SALE AND PURCHASE AGREEMENT BETWEEN TOP QUALITY GLOVE SDN. BHD. (REGISTRATION NO. 200601011018 [0730768-X]) AND PART CENTER SDN. BHD. (REGISTRATION NO. 200301006755 [609175-K]), A WHOLLY-OWNED SUBSIDIARY OF SOLID AUTOMOTIVE BERHAD FOR THE PURCHASE OF ALL THAT ONE (1) PIECE OF FREEHOLD AGRICULTURAL LAND (HEREINAFTER REFERRED TO AS "THE PROPOSED ACQUISITION")

SOLID AUTOMOTIVE BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
SALE AND PURCHASE AGREEMENT BETWEEN TOP QUALITY GLOVE SDN. BHD. (REGISTRATION NO. 200601011018 [0730768-X]) AND PART CENTER SDN. BHD. (REGISTRATION NO. 200301006755 [609175-K]), A WHOLLY-OWNED SUBSIDIARY OF SOLID AUTOMOTIVE BERHAD FOR THE PURCHASE OF ALL THAT ONE (1) PIECE OF FREEHOLD AGRICULTURAL LAND (HEREINAFTER REFERRED TO AS "THE PROPOSED ACQUISITION")

We refer to the earlier announcement dated 24 January 2025 in relation to the Acquisition.
On behalf of the Board, the Company wishes to announce that with the settlement of the balance purchase consideration, the Acquisition has been completed on 22 April 2025, in accordance with the terms of the SPA. 
This announcement is dated 22 April 2025.






Announcement Info

Company Name SOLID AUTOMOTIVE BERHAD
Stock Name SOLID
Date Announced 22 Apr 2025
Category General Announcement for PLC
Reference Number GA1-18042025-00050