Conditional land Lease Agreement Entered Between BPB, CIMB Islamic Trustee Berhad And Next Generation Oil Sdn Bhd On The Proposed Leasing Between 1,040 To 1,286 Acres Of Land In Telok Sengat Estate

BackSep 10, 2021
Type Announcement
Subject OTHERS
Description

BOUSTEAD PLANTATIONS BERHAD ("BPB" OR "THE COMPANY")

CONDITIONAL LAND LEASE AGREEMENT ENTERED BETWEEN BPB, CIMB ISLAMIC TRUSTEE BERHAD AND NEXT GENERATION OIL SDN BHD ON THE PROPOSED LEASING BETWEEN 1,040 TO 1,286 ACRES OF LAND IN TELOK SENGAT ESTATE

The Board of Directors of BPB wishes to inform that the Company had on 10 September 2021 entered into a Conditional Land Lease Agreement (“CLLA”) with CIMB Islamic Trustee Berhad (“CITB”) and Next Generation Oil Sdn Bhd (“NGOSB” or “the Lessee”) for NGOSB to lease between 1,040 to 1,286 acres of land in Telok Sengat Estate (hereinafter referred to as “Proposed Lease Arrangement”).

Please refer to the attachment for further details of the Proposed Lease Arrangement.

 

This announcement is dated 10 September 2021.

 


Announcement Info

Company Name BOUSTEAD PLANTATIONS BERHAD
Stock Name BPLANT
Date Announced 10 Sep 2021
Category General Announcement for PLC
Reference Number GA1-10092021-00074

Attachments

  1. Bursa_Announcement_BPB_(attachment).pdf (Size: 154,212 bytes)
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