TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SOUTHERN STEEL BERHAD ("SSB" OR "COMPANY") - PROPOSED DISPOSAL OF LAND IN JOHOR BAHRU, JOHOR BY SSB TO SINPPA INDUSTRIAL SDN BHD FOR RM65 MILLION

SOUTHERN STEEL BERHAD

Type

Subject

Description

Announcement

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS

SOUTHERN STEEL BERHAD ("SSB" OR "COMPANY")

  • PROPOSED DISPOSAL OF LAND IN JOHOR BAHRU, JOHOR BY SSB TO SINPPA INDUSTRIAL SDN BHD FOR RM65 MILLION

SSB wishes to announce that it has on 1 December 2021 entered into a conditional sale and purchase agreement with Sinppa Industrial Sdn Bhd ("SISB") for the proposed disposal by SSB to SISB of 2 parcels of land situated at Mukim Sungai Tiram, Daerah Johor Bahru, Negeri Johor for a total cash consideration of RM65,000,000.

The detailed announcement is herein attached.

This announcement is dated 2 December 2021.

Please refer attachment below.

Attachments

Southern Steel Berhad - Disposal of Land.pdf

357.4 kB

Announcement Info

Company Name

SOUTHERN STEEL BERHAD

Stock Name

SSTEEL

Date Announced

02 Dec 2021

Category

General Announcement for PLC

Reference Number

GA1-02122021-00075

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Southern Steel Bhd published this content on 02 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 December 2021 00:51:04 UTC.