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 |
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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.
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Please refer attachment below.
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 |