Investor Relations
Bursa Announcements
Bursa Announcements
Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description |
BOUSTEAD PLANTATIONS BERHAD ("BPB" OR "COMPANY") PROPOSED ACQUISITION OF OIL PALM PLANTATION LANDS MEASURING A TOTAL OF 12,144.99 ACRES (4,915.25 HECTARES) TOGETHER WITH A PALM OIL MILL IN SABAH FOR A TOTAL CASH CONSIDERATION OF RM397.0 MILLION |
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On behalf of the Board of Directors of BPB, Affin Hwang Investment Bank Berhad wishes to announce that Boustead Rimba Nilai Sdn Bhd, a wholly-owned subsidiary of BPB, had on 1 August 2018 entered into a sale and purchase agreement for the acquisition of oil palm plantation lands comprising 17 land titles measuring a total of 12,144.99 acres (4,915.25 hectares) in Sabah together with a palm oil mill and buildings erected thereon as well as movable assets, machineries and vehicles for a cash consideration of RM397 million (“Proposed Acquisition”). Please refer to the attachment for further details on the Proposed Acquisition.
This announcement is dated 1 August 2018. |
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Announcement Info
| Company Name | BOUSTEAD PLANTATIONS BERHAD |
| Stock Name | BPLANT |
| Date Announced | 01 Aug 2018 |
| Category | General Announcement for PLC |
| Reference Number | GA1-01082018-00026 |
Please refer attachment below.
Attachments
- BPB_Announcement_-_Proposed_Acquisition_(1.8.18).pdf (Size: 684,649 bytes)