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Annual Report
2020
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Announcements

Date : 17 August 2015

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PROPOSED ACQUISITION BY BERTAM DEVELOPMENT SDN. BHD. ("THE PURCHASER"), A WHOLLY-OWNED SUBSIDIARY OF BERTAM ALLIANCE BERHAD OF THREE PARCELS OF LAND SITUATED AT MILE 16, OLD TUARAN ROAD AND HELD UNDER COUNTRY LEASE 045021449, 045021458 AND 045144205 RESPECTIVELY IN THE DISTRICT OF TUARAN, SABAH FROM NADI HASIL (M) SDN. BHD. ("THE VENDOR") AT A TOTAL PURCHASE CONSIDERATION OF RM43,000,000.00 ("PROPOSED ACQUISITION")

BERTAM ALLIANCE BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
PROPOSED ACQUISITION BY BERTAM DEVELOPMENT SDN. BHD. ("THE PURCHASER"), A WHOLLY-OWNED SUBSIDIARY OF BERTAM ALLIANCE BERHAD OF THREE PARCELS OF LAND SITUATED AT MILE 16, OLD TUARAN ROAD AND HELD UNDER COUNTRY LEASE 045021449, 045021458 AND 045144205 RESPECTIVELY IN THE DISTRICT OF TUARAN, SABAH FROM NADI HASIL (M) SDN. BHD. ("THE VENDOR") AT A TOTAL PURCHASE CONSIDERATION OF RM43,000,000.00 ("PROPOSED ACQUISITION")

Further to the announcment made on 13 October 2014 on the subject-matter, the Board of Directors of Bertam Alliance Berhad wishes to inform that the Proposed Acquisition has been completed on 17 August 2015.   






Announcement Info

Company Name BERTAM ALLIANCE BERHAD
Stock Name BERTAM
Date Announced 17 Aug 2015
Category General Announcement for PLC
Reference Number GA1-17082015-00087



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