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

BackDec 27, 2018
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description

Disposal of Properties by Luxury Parade Sdn. Bhd. (wholly-owned subsidiary of Bonia Corporation Berhad) to Future Diversity Sdn. Bhd. (related party)

The Board of Directors of Bonia Corporation Berhad (“BCB” or “Company”) wishes to inform that its wholly-owned subsidiary, Luxury Parade Sdn. Bhd. (“LPSB” or “Vendor”), had on 27 December 2018 entered into separate Sale and Purchase Agreements (respectively, “SPA1”, “SPA2” or collectively, “SPAs” or “Agreements”) with a related party, Future Diversity Sdn. Bhd. (“FDSB” or “Purchaser”) for the disposal of the following properties (collectively, “Properties”) to FDSB for a total cash consideration of RM3,600,000 (“Disposal Price”) (collectively, “Disposal”):

·          Property1 – All that leasehold property held under H.S.(D) 72947 PT No. 3865 Mukim Petaling Daerah Kuala Lumpur Negeri Wilayah Persekutuan KL measuring approximately 178 square metres together with a 6-storey shop/office erected thereon with a postal address of No.3, Jalan 8/146 (also known as Jalan Tasik Selatan 8), Bandar Tasik Selatan, 57000 Kuala Lumpur, as detailed in SPA1, and

·          Property2 - All that leasehold property held under H.S.(D) 72948 PT No. 3866 Mukim Petaling Daerah Kuala Lumpur Negeri Wilayah Persekutuan KL measuring approximately 178 square metres together with a 6-storey shop/office erected thereon with a postal address of No.5, Jalan 8/146 (also known as Jalan Tasik Selatan 8), Bandar Tasik Selatan, 57000 Kuala Lumpur, as detailed in SPA2.

 


Please refer to the attachment for further details.

 


Announcement Info

Company Name BONIA CORPORATION BERHAD
Stock Name BONIA
Date Announced 27 Dec 2018
Category General Announcement for PLC
Reference Number GA1-27122018-00066

 

 

Please refer to the attachment for further details.

Attachments

  1. annc_-_disposal_of_properties_by_Luxury_Parade_SB_to_Future_Diversity_SB.pdf (Size: 178,035 bytes)