TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS CENTURY LOGISTICS HOLDINGS BERHAD ("CENTURY" OR " THE COMPANY") - PROPOSED DISPOSAL OF 459,000 ORDINARY SHARES OF RM1.00 EACH IN THE CAPITAL OF STOREWELL REALTY SDN. BHD., REPRESENTING 51% EQUITY INTEREST, BY CENTURY LOGISTICS SDN. BHD. FOR A TOTAL CASH CONSIDERATION OF RM7.9 MILLION ("PROPOSED DISPOSAL")
| CENTURY LOGISTICS HOLDINGS BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | CENTURY LOGISTICS HOLDINGS BERHAD ("CENTURY" OR " THE COMPANY") - PROPOSED DISPOSAL OF 459,000 ORDINARY SHARES OF RM1.00 EACH IN THE CAPITAL OF STOREWELL REALTY SDN. BHD., REPRESENTING 51% EQUITY INTEREST, BY CENTURY LOGISTICS SDN. BHD. FOR A TOTAL CASH CONSIDERATION OF RM7.9 MILLION ("PROPOSED DISPOSAL") |
Reference is made to the Company’s announcement dated 24 February 2014. The Board of Directors of Century is pleased to announce that Century Logistics Sdn. Bhd., a wholly-owned subsidiary of the Company, had on 28 March 2014 received the balance consideration amounting to RM7,110,000 from the Purchaser, Brightberry Sdn. Bhd. The Proposed Disposal is therefore completed. This announcement is dated 28 March 2014. | |
Announcement Info
| Company Name | CENTURY LOGISTICS HOLDINGS BERHAD |
| Stock Name | CENTURY |
| Date Announced | 28 Mar 2014 |
| Category | General Announcement |
| Reference No | CS-140328-44224 |
