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2020
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Announcements

Date : 22 June 2015

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS BERTAM ALLIANCE BERHAD ("BERTAM" OR THE "COMPANY") DISPOSAL BY UH CAPITAL SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF BERTAM OF EIGHT PARCELS OF FREEHOLD VACANT LAND TO KT LEE PROPERTIES SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM63,500,000 ("DISPOSALS")

BERTAM ALLIANCE BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
BERTAM ALLIANCE BERHAD ("BERTAM" OR THE "COMPANY")

DISPOSAL BY UH CAPITAL SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF BERTAM OF EIGHT PARCELS OF FREEHOLD VACANT LAND TO KT LEE PROPERTIES SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM63,500,000 ("DISPOSALS")

The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the announcement dated 24 July 2014 in relation to the Disposals.

 

We refer to the announcement dated 24 July 2014, 12 August 2014, 3 November 2014, 26 November 2014 and 11 May 2015 in relation to the Disposals.

 

On behalf of the Board of Directors of Bertam, RHB Investment Bank Berhad wishes to announce that the balance disposal consideration in respect of the Disposals was paid by KT Lee Properties Sdn Bhd to UH Capital Sdn Bhd on 19 June 2015. The Disposals are now completed.

 

This announcement is dated 22 June 2015.






Announcement Info

Company Name BERTAM ALLIANCE BERHAD
Stock Name BERTAM
Date Announced 22 Jun 2015
Category General Announcement for PLC
Reference Number GA1-22062015-00060



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