TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS MIKRO MSC BERHAD ("MMSC" OR THE "COMPANY") ACQUISITION OF ALL THAT PIECE OF FREEHOLD INDUSTRIAL LAND MEASURING APPROXIMATELY 4,047 SQUARE METERS IN AREA, TOGETHER WITH A SI

17 December 2015

 Type Announcement
 Subject  TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
 Description  MIKRO MSC BERHAD ("MMSC" OR THE "COMPANY")

ACQUISITION OF ALL THAT PIECE OF FREEHOLD INDUSTRIAL LAND MEASURING APPROXIMATELY 4,047 SQUARE METERS IN AREA, TOGETHER WITH A SINGLE (1)-STOREY WAREHOUSE, WITH AN ANNEXED THREE (3)-STOREY OFFICE BLOCK, A GUARD HOUSE AND A REFUSE CHAMBER BEARING THE POSTAL ADDRESS OF NO. 3, JALAN ANGGERIK MOKARA 31/48, KOTA KEMUNING, SEKSYEN 31, 40460, SHAH ALAM, SELANGOR DARUL EHSAN FOR A TOTAL CASH CONSIDERATION OF RM11,720,000 ("ACQUISITION")

Reference is made to the announcements dated 1 September 2015, 20 October 2015 and 6 November 2015 in relation to the Acquisition (“Announcements”). For consistency, the abbreviations used throughout this announcement are the same as those previously defined in the Announcements.

On behalf of the Board of Directors of MMSC, AmInvestment Bank Berhad is pleased to announce that the Acquisition has been completed on 17 December 2015 following the full payment of the Balance Purchase Price by the Purchaser to the Vendor’s solicitors as stakeholders in accordance with the terms of the SPA.


This announcement is dated 17 December 2015.
 

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