ATECH

3.040

+0.04 (+1.3%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PROPOSED ACQUISITION OF INDUSTRIAL LAND FOR CASH CONSIDERATION OF RM12,151,530.00

AURELIUS TECHNOLOGIES BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
PROPOSED ACQUISITION OF INDUSTRIAL LAND FOR CASH CONSIDERATION OF RM12,151,530.00

Reference is made to the announcements of Aurelius Technologies Berhad (the “Company”) made on 26 March 2024, 5 March 2024, and 3 January 2024 in relation to the acceptance of the letter of offer (the “LO”) from Northern Technocity Sdn. Bhd. (“NTCSB”) for the purchase of a vacant industrial land with a net land area measuring approximately 270,034 sq. ft., located at NTCSB’s industrial development within Kulim High-Tech Park held under HS(D) 83933, PT 5938 Seksyen 39, Bandar Kulim, District of Kulim, Kedah, for a total cash consideration of Ringgit Malaysia Twelve Million One Hundred Fifty One Thousand and Five Hundred Thirty (RM12,151,530.00) only.

 

The Board of Directors of the Company wishes to announce that BCM Electronics Corporation Sdn. Bhd., a wholly owned subsidiary of the Company and NTCSB had on 4 April 2024 executed the Sale and Purchase Agreement.

 

This announcement is dated 4 April 2024.






Announcement Info

Company Name AURELIUS TECHNOLOGIES BERHAD
Stock Name ATECH
Date Announced 04 Apr 2024
Category General Announcement for PLC
Reference Number GA1-04042024-00041