Investor Relations

Bursa Announcements

Bursa Announcements

Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions
BackDec 30, 2016
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description

BOUSTEAD PLANTATIONS BERHAD ("BPB" OR "COMPANY") PROPOSED DISPOSAL OF 76.1% EQUITY INTEREST HELD IN BOUSTEAD SEDILI SDN BHD ("BOUSTEAD SEDILI") TO PERMODALAN DARUL TA'ZIM SDN BHD ("PDT") FOR A CASH CONSIDERATION OF RM60 MILLION ("PROPOSED DISPOSAL")

Unless otherwise stated, the terms used herein shall have the same meaning as those defined in the announcement dated 21 December 2016 in relation to the Proposed Disposal.

Reference is made to the announcement dated 21 December 2016 in relation to the Proposed Disposal.

The Board wishes to announce that the Proposed Disposal was completed on 30 December 2016 following the payment of the Balance Purchase Price by PDT.

This announcement is dated 30 December 2016.





Announcement Info

Company Name BOUSTEAD PLANTATIONS BERHAD
Stock Name BPLANT
Date Announced 30 Dec 2016
Category General Announcement for PLC
Reference Number GA1-29122016-00066
Contact