PURCHASE OF A PIECE OF FREEHOLD LAND (“PROPERTY”) FORMING PART OF THE MASTER TITLE HELD UNDER HS(D) 264385, PT 26536, MUKIM BUKIT RAJA, DAERAH PETALING, NEGERI SELANGOR MEASURING APPROXIMATELY 65,340 SQUARE FEET WITHIN SETIA CITY AT PRECINCT 1 OF SETIA ALAM (“ACQUISITION”)
CENTURY LOGISTICS HOLDINGS BERHAD |
Type | Reply to query |
Reply to Bursa Malaysia's Query Letter - Reference ID | RZ-110301-56496 |
Subject | PURCHASE OF A PIECE OF FREEHOLD LAND (“PROPERTY”) FORMING PART OF THE MASTER TITLE HELD UNDER HS(D) 264385, PT 26536, MUKIM BUKIT RAJA, DAERAH PETALING, NEGERI SELANGOR MEASURING APPROXIMATELY 65,340 SQUARE FEET WITHIN SETIA CITY AT PRECINCT 1 OF SETIA ALAM (“ACQUISITION”) |
Description | PURCHASE OF A PIECE OF FREEHOLD LAND (“PROPERTY”) FORMING PART OF THE MASTER TITLE HELD UNDER HS(D) 264385, PT 26536, MUKIM BUKIT RAJA, DAERAH PETALING, NEGERI SELANGOR MEASURING APPROXIMATELY 65,340 SQUARE FEET WITHIN SETIA CITY AT PRECINCT 1 OF SETIA ALAM (“ACQUISITION”) |
Query Letter Contents | We refer to your Company's announcement dated 25 February 2011 in respect of the aforesaid matter. In this connection, kindly furnish Bursa Securities with the following additional information for public release:- 1. the basis of arriving at the purchase consideration of RM8,820,900 or RM135.00 per square feet; 2. the justification for the purchase consideration of RM8,820,900 or RM135.00 per square feet; 3. to state the net book value ("NBV") of the Property; 4. to provide the breakdown of the source of funding; 5. to state whether any valuation has been carried out on the Property, details of the valuation and the time and place where such documents may be inspected; 6. to include the following additional details on the development :- a) number of storey and built-up areas; b) total development cost; c) expected commencement and completion date; d) sources of funds to finance the development; e) whether relevant approval(s) for the development have been obtained and date(s) obtained; and f) the expected amount of lettable space. Please furnish Bursa Securities with your reply within one (1) market day from the date hereof. Yours faithfully SUZALINA HARUN Head, Issuers Listing Division Regulation WCY/RZ copy to:- General Manager & Head, Market Surveillance, Securities Commission (via fax) |
Contents: The Board of Directors of Century wishes to announce the following additional information pertaining to the above-captioned Acquisition, in reply to the letter from Bursa Malaysia Securities Berhad dated 1 March 2011:
This announcement is dated 2 March 2011. Query Letter Contents: We refer to your Company's announcement dated 25 February 2011 in respect of the aforesaid matter. In this connection, kindly furnish Bursa Securities with the following additional information for public release:-
a) number of storey and built-up areas; b) total development cost; c) expected commencement and completion date; d) sources of funds to finance the development; e) whether relevant approval(s) for the development have been obtained and date(s) obtained; and f) the expected amount of lettable space. Please furnish Bursa Securities with your reply within one (1) market day from the date hereof. Yours faithfully SUZALINA HARUN Head Issuers Listing Division Regulation WCY/RZ |
Announcement Info
Company Name | CENTURY LOGISTICS HOLDINGS BERHAD |
Stock Name | CENTURY |
Date Announced | 2 Mar 2011 |
Category | General Announcement |
Reference No | CS-110302-AE343 |