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2018
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Announcements

Date : 28 May 2001

TERMINATION OF PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN GREENBELT VIEW SDN BHD

LANDMARKS BERHAD

TypeReply to query
Reply to Query Letter by KLSE reference IDNM-010423-51122
SubjectTERMINATION OF PROPOSED ACQUISITION OF 100% EQUITY INTEREST IN GREENBELT VIEW SDN BHD

Contents :

We refer to our announcements dated 16 April 2001 and 21 May 2001 in respect of the aforesaid matter and wish to provide the following additional information:


Parties have today agreed on a settlement, on a no admission of liability basis, of the refund of the sum of RM1.2 million which was paid by Landmarks Berhad’s wholly owned subsidiary, Sikap Damai Sdn Bhd, as a deposit for the said acquisition.

Query Letter Contents :

We refer to your announcement dated 16 April 2001 in respect of the aforesaid
matter.
In this connection, kindly furnish the Exchange with the following additional
information for public release :

1. Reasons for the termination of the Share Sale Agreement.
2. Treatment of the deposit already paid to Green Belt Sdn Bhd explaining
whether it is refundable or forfeited.
Please furnish the Exchange with your reply within two (2) market days from the
date hereof.

Yours faithfully


INDERJIT SINGH
Senior Manager
Listing Operations

IS/NIK



Announcement Info

Company NameLANDMARKS BERHAD  
Stock Name LANDMRK    
Date Announced28 May 2001  
CategoryGeneral Announcement
Reference NoLL-010528-63697

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