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Bursa Announcements

Date : 23 December 2016

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PROPOSED DISPOSAL OF 100% EQUITY INTEREST IN THP GEMAS SDN. BHD. BY TH PLANTATIONS BERHAD ("THP") TO DUPONT & LEOSK ENTERPRISES SDN. BHD. FOR A TOTAL CASH CONSIDERATION OF RM152 MILLION ("PROPOSED DISPOSAL")

TH PLANTATIONS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
PROPOSED DISPOSAL OF 100% EQUITY INTEREST IN THP GEMAS SDN. BHD. BY TH PLANTATIONS BERHAD ("THP") TO DUPONT & LEOSK ENTERPRISES SDN. BHD. FOR A TOTAL CASH CONSIDERATION OF RM152 MILLION ("PROPOSED DISPOSAL")

We refer to the announcement dated 25 November 2016 in relation to the Proposed Disposal.

The Board of Directors of THP is pleased to announce that the Proposed Disposal has been completed today in accordance with the terms of the Share Purchase Agreement dated 25 November 2016.

This announcement is dated 23 December 2016.

 






Announcement Info

Company Name TH PLANTATIONS BERHAD
Stock Name THPLANT
Date Announced 23 Dec 2016
Category General Announcement for PLC
Reference Number GA1-13122016-00035


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