Pursuant to Paragraph 10.06(1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of the Company wishes to announce that FMGLM, a wholly-owned subsidiary of the Company has on 2 August 2021 entered into a Sale and Purchase Agreement with Cebur Megah Development Sdn. Bhd. for the acquisition of two (2) parcels of contiguous freehold vacant industrial land held under HS(D) No. 165750, No. PT 84558 and HS(D) No. 165749. No. PT 84557, both in Mukim Kapar, Daerah Klang, Selangor, measuring approximately 4.67 acre (or 203,425.2 square feet) and 4.65 acre (or 202,554 square feet) respectively, for a total cash consideration of RM56,837,088.00.

Please refer to the attachment for further details of the Proposed Acquisitions.

This announcement is dated 2 August 2021.

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FM - Freight Management Holdings Bhd published this content on 02 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2021 09:55:30 UTC.