News

Transactions (Chapter 10 Of Listing Requirements):Non Related Party Transactions

BackMar 19, 2015
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description PROPOSED ACQUISITION BY PENTAMASTER TECHNOLOGY (M) SDN BHD, A WHOLLY OWNED SUBSIDIARY OF PENTAMASTER CORPORATION BERHAD, OF A PIECE OF LEASEHOLD LAND FOR A TOTAL CASH CONSIDERATION OF RM5,015,490.00

The Board of Directors of Pentamaster Corporation Berhad ("PMCB" or "the Company") wishes to announce that Pentamaster Technology (M) Sdn Bhd ("PTSB" or the "Purchaser"), a wholly owned subsidiary company of PMCB has on 19 March 2015 entered into a sale and purchase agreement ("SPA") with The Penang Development Corporation ("PDC" or the "Vendor") for the proposed acquisition of a piece of leasehold land for a total cash consideration of RM5,015,490.00 (the "Purchase Price"). Please refer to the attached file for details.

 


Announcement Info

Company Name PENTAMASTER CORPORATION BERHAD  
Stock Name PENTA    
Date Announced 19 Mar 2015  
Category General Announcement
Reference No CC-150319-54012

Attachments

  1. PTSB-Annoucement_Acquisition_of_Property.pdf (Size: 176,800 bytes)