Further to the announcements in relation to the Proposed Disposal on 15 October 2010 and 20 October 2010, and completion of the Proposed Disposal on 17 January 2011, the Board of Directors of PENTA is pleased to announce that PENTA had on 9 May 2011 received the final balance sum (after payment of redemption sum to the chargee) of the purchase consideration for the disposal of the land and buildings which had been held by its solicitors pending the registration of the transfer of the land and buildings to Benchmark Electronics (M) Sdn Bhd (“Purchaser”). PENTA had also on 10 May 2011 received the 10% withholding sum held back by the Purchaser pursuant to the terms of the transaction.
This announcement is dated 12 May 2011.
