Proposed Disposal to PTB Horticulture Farm Sdn Bhd, a wholly-owned subsidiary company of Petaling Tin Berhad, of approximately 8,201.86 square metres of leasehold land in Petaling Jaya together with a four storey office building with an annexed single storey warehouse and ancillary building (“Property”) for a cash consideration of RM12.0 million ("Proposed Disposal")
Further to our announcement on 7 December 2007, the Board of Directors of Karambunai Corp Bhd wishes to announce that PTB Horticulture Farm Sdn Bhd (“PHFSB” or “Purchaser”) has made a notification to the Foreign Investment Committee on 12 February 2008 for the Proposed Disposal. This announcement is dated 12 February 2008.
Further to our announcement on 7 December 2007, the Board of Directors of Karambunai Corp Bhd wishes to announce that PTB Horticulture Farm Sdn Bhd (“PHFSB” or “Purchaser”) has made a notification to the Foreign Investment Committee on 12 February 2008 for the Proposed Disposal. This announcement is dated 12 February 2008.
(KLSE 12-2-2008)
