Proposed acquisition of a piece of freehold land measuring approximately 142 acres in area and being part of a piece of freehold land held measuring approximately 402.911 hectares in area under Title H.S.(D) 174814 PT 29074, Bandar Baru Enstek in the District of Seremban, State of Negeri Sembilan for a total cash consideration of approximately RM52.577 million.
Under the SPA, TML has agreed to acquire a piece of freehold land measuring approximately 142 acres in area (“142 Acre Land”), being part of a piece of freehold land measuring approximately 403 hectares in area held under Title H.S.(D) 174814 PT 29074, Bandar Baru Enstek in the District of Seremban, State of Negeri Sembilan (“Enstek Land”), for a total cash consideration of approximately RM52.577 million, or RM8.50 per square foot (“Purchase Consideration”) for the 142 Acre Land (“Proposed 142 Acre Land Acquisition”). Read more
(KLSE 13-2-2008)
