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Bursa Announcements

Date : 18 May 2020

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS TH PLANTATIONS BERHAD ("THP" OR THE COMPANY") - PROPOSED DISPOSAL OF 70% EQUITY INTERESTS IN THP-YT PLANTATION SDN. BHD. ("THP-YT") BY THP TO TDM BERHAD

TH PLANTATIONS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
TH PLANTATIONS BERHAD ("THP" OR THE COMPANY") - PROPOSED DISPOSAL OF 70% EQUITY INTERESTS IN THP-YT PLANTATION SDN. BHD. ("THP-YT") BY THP TO TDM BERHAD

The Company wishes to announce that due to the enforcement of the Movement Control Order by the Government of Malaysia commencing 18 March 2020 (“MCO”), to curb the spread of COVID-19, both THP and TDM have mutually agreed to an extension of the term to fulfill the conditions precedent in the SPA and the deferment of the filing of the prescribed forms and payment of the Retention Sum to the Inland Revenue Board as required under the Real Property Gains Tax Act 1976.

 

Please refer to the file attached for further details.

 

 

This announcement is dated 18 May 2020.

 




Please refer attachment below.

Attachments

THP-YT - Variation Letters .pdf
188.7 kB



Announcement Info

Company Name TH PLANTATIONS BERHAD
Stock Name THPLANT
Date Announced 18 May 2020
Category General Announcement for PLC
Reference Number GA1-18052020-00039


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