Company Announcements

Date : 22 November 2019

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS LATITUDE TREE HOLDINGS BERHAD ("LTHB" OR "THE COMPANY") - SALE AND PURCHASE AGREEMENT ENTERED INTO BETWEEN UPTOWN PROMENADE SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND GOODROAD CONSTRUCTION SDN BHD

LATITUDE TREE HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
LATITUDE TREE HOLDINGS BERHAD ("LTHB" OR "THE COMPANY")
- SALE AND PURCHASE AGREEMENT ENTERED INTO BETWEEN UPTOWN PROMENADE SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND GOODROAD CONSTRUCTION SDN BHD

The Board of Directors of LTHB wishes to announce that Uptown Promenade Sdn. Bhd. ("UPSB" or the "Purchaser"), a wholly-owned subsidiary of the Company had on 22 November 2019 entered into a Sale and Purchase Agreement (the "Agreement") with Goodroad Construction Sdn Bhd ("GCSB" or the "Vendor") for purchase of a freehold industrial land situated at Lot 6102, Mukim Kapar, Daerah Klang, Selangor measuring in approximately 40,469 square metres (the "Land") at a total purchase price of RM29,380,000 only, subject to terms and conditions as stipulated in the Agreement (the "Transaction").

 

(UPSB and GCSB are collectively referred to as the "Parties").

 

Please refer to the attached file for details of the announcement.

 

This announcement is dated 22 November 2019.




Please refer attachment below.



Announcement Info

Company Name LATITUDE TREE HOLDINGS BERHAD
Stock Name LATITUD
Date Announced 22 Nov 2019
Category General Announcement for PLC
Reference Number GA1-05112019-00034



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