Announcement

Date : 12 January 2022

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PECCA GROUP BERHAD ("PECCA" OR "THE COMPANY") -ACQUISITION OF A VACANT LEASEHOLD INDUSTRIAL LAND BY PECCA LEATHER SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF PECCA

PECCA GROUP BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
PECCA GROUP BERHAD ("PECCA" OR "THE COMPANY")
-ACQUISITION OF A VACANT LEASEHOLD INDUSTRIAL LAND BY PECCA LEATHER SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF PECCA

The Board of Directors of PECCA wishes to announce that Pecca Leather Sdn Bhd, a wholly-owned subsidiary of PECCA has on 12 January 2022 entered into a Sale and Purchase Agreement ("SPA") with UMW Development Sdn Bhd for the acquisition of a vacant leasehold industrial land free from encumbrances measuring approximately 4.31 acres of land forming part of a portion of qualified titles knowns as H.S.(D) 63081, PT 17942, Seksyen 20, Bandar Serendah, Daerah Ulu Selangor, Negeri Selangor at a purchase consideration of Ringgit Malaysia Eight Million Four Hundred and Forty Eight Thousand Four Hundred and Sixty Two (RM8,448,462.00) only in accordance with all the terms and conditions as stipulated in the SPA.

 

Please refer to the attachment, for further information.

 

This announcement is dated 12 January 2022. 

 




Please refer attachment below.



Announcement Info

Company Name PECCA GROUP BERHAD
Stock Name PECCA
Date Announced 12 Jan 2022
Category General Announcement for PLC
Reference Number GA1-20122021-00016


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