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

BackOct 05, 2020
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description

PROPOSED DISPOSAL OF ONE (1) PARCEL OF LAND DESCRIBED AS LOT 1200, PUYUT LAND DISTRICT AN OIL PALM PLANTATION ESTATE ERECTED THEREON AND ALL INFRASTRUCTURE THERETO BY WOODIJAYA SDN. BHD. TO MUZANA PLANTATION JV SDN. BHD. (PROPOSED DISPOSAL)

Unless otherwise stated, all abbreviations and definitions used herein shall have the same meaning as those used in the announcement dated 04 June 2020 (collectively hereinafter referred to as “Announcement”)

Further to the Announcement, Rimbunan Sawit Bhd wishes to announce that Woodijaya Sdn Bhd has on 5 October 2020 received the remaining balance of Purchase Price amounting to Ringgit Malaysia Thirty Eight Million Four Hundred and Ten Thousand (RM38,410,000.00) from Muzana Plantation JV Sdn Bhd. Hence, the Proposed Disposal is completed on 5 October 2020.

This announcement is dated 5 October 2020.

 


Announcement Info

Company Name RIMBUNAN SAWIT BERHAD
Stock Name RSAWIT
Date Announced 05 Oct 2020
Category General Announcement for PLC
Reference Number GA1-05102020-00052