News
Announcement On Related Party Transaction
BackSep 29, 2010
Type | Reply to query |
Reply to Bursa Malaysia's Query Letter - Reference ID | NE-100929-42206 |
Subject | ANNOUNCEMENT ON RELATED PARTY TRANSACTION |
Contents | Reference is made to the letter of query from Bursa Malaysia Securities Berhad dated 29 September 2010. |
Query Letter Content | We refer to your announcement dated 28 September 2010, in respect of the aforesaid RPT. In this connection, kindly furnish Bursa Malaysia Securities Berhad with the following additional information for public release: Salient features of the agreement ("Agreement") in relation to the disposal of machineries, time and place where the Agreement may be inspected; and Estimated timeframe for full utilisation of proceeds. Please furnish Bursa Securities with your reply within one (1) market day from the date hereof. Yours faithfully KHOO KAY KWAN Head, Issuers Listing Division Regulation KKK/RSA Copy to: General Manager & Head, Market Surveillance Department, Securities Commission (via fax) |
Salient features of the agreement ("Agreement") in relation to the disposal of machineries, time and place where the Agreement may be inspected
There is no formal agreement in relation to the Disposal. Estimated timeframe for full utilisation of proceeds The sale proceeds is estimated to be fully utilised within one (1) month from the date of completion of transaction. |
Announcement Info
Company Name | RIMBUNAN SAWIT BERHAD |
Stock Name | RSAWIT |
Date Announced | 29 Sept 2010 |
Category | General Announcement |
Reference No | CCS-100929-521C6 |