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

BackDec 30, 2011
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description RIMBUNAN SAWIT BERHAD (“RSB” OR THE “COMPANY”)

ACQUISITION OF A PARCEL OF LAND WITH OIL PALM PLANTATION SITUATED AT SUNGAI LUAI AND SUNGAI BAWAH, NIAH, SARAWAK MEASURING 4,857 HECTARES HELD UNDER LOT 56, SAWAI LAND DISTRICT FROM SHEBA RESOURCES SDN BHD (“ACQUISITION”)

(Unless otherwise stated, definitions or terms used herein shall have the same meanings as that provided in the announcement dated 3 June 2011)

We refer to the announcements dated 3 June 2011, 25 July 2011, 4 August 2011, 10 August 2011, 12 August 2011 and 22 August 2011.

On behalf of the Board of Directors of RSB, MIMB Investment Bank Berhad is pleased to announce that all the conditions precedent as stipulated in the SPA dated 3 June 2011 have been fulfilled and thus the Acquisition is deemed completed on 30 December 2011.

This announcement is dated 30 December 2011.

 


Announcement Info

Company Name RIMBUNAN SAWIT BERHAD  
Stock Name RSAWIT    
Date Announced 30 Dec 2011  
Category General Announcement
Reference No MM-111229-62089