| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | RIMBUNAN SAWIT BERHAD (“RSB” OR THE “COMPANY”) PROPOSED ACQUISITION OF A PARCEL OF LAND WITH OIL PALM PLANTATION, SITUATED AT SUNGAI LUAI AND SUNGAI BAWAH, NIAH, SARAWAK MEASURING 4,857 HECTARES AND HELD UNDER LOT 56, SAWAI LAND DISTRICT FROM SHEBA RESOURCES SDN BHD FOR A CASH PURCHASE PRICE OF RM118,000,000 (“PROPOSED ACQUISITION”) |
We refer to the announcement dated 3 June 2011 in relation to the Proposed Acquisition. On behalf of the Board of Directors of RSB, MIMB Investment Bank Berhad is pleased to announce that an application in relation to the Proposed Acquisition has been submitted to the Economic Planning Unit of the Prime Minister’s Department on 27 July 2011. This announcement is dated 27 July 2011. |
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| Company Name | RIMBUNAN SAWIT BERHAD |
| Stock Name | RSAWIT |
| Date Announced | 27 Jul 2011 |
| Category | General Announcement |
| Reference No | MM-110725-61806 |