TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS KIM TECK CHEONG CONSOLIDATED BERHAD ("KTC" OR "COMPANY") PROPOSED ACQUISITION OF 4 PARCELS OF LAND SITUATED AT INDUSTRIAL ZONE 8, KOTA KINABALU INDUSTRIAL PARK ("KKIP")
| KIM TECK CHEONG CONSOLIDATED BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | KIM TECK CHEONG CONSOLIDATED BERHAD ("KTC" OR "COMPANY")
PROPOSED ACQUISITION OF 4 PARCELS OF LAND SITUATED AT INDUSTRIAL ZONE 8, KOTA KINABALU INDUSTRIAL PARK ("KKIP") |
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The Board of Directors of KIM TECK CHEONG CONSOLIDATED BERHAD wishes to announce that KIM TECK CHEONG SHIPPING SDN BHD, a wholly owned subsidiary of the Company (“the Purchaser”), had on 11 JUNE 2025 entered into a Sales and Purchase Agreement (“SPA”) with K.K.I.P. SDN. BHD. (“Vendor”) to acquire Four (4) parcels of land for a total purchase consideration of RM39,593,426.40 only, exclusive of tax, subject to the terms and conditions contained in the SPA (“Proposed Transaction”).
Please refer to the attachment below.
This announcement is dated 11 June 2025. |
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Please refer attachment below.
Announcement Info
| Company Name | KIM TECK CHEONG CONSOLIDATED BERHAD |
| Stock Name | KTC |
| Date Announced | 11 Jun 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-11062025-00054 |