JOHORE TIN BERHAD (“JTB” or “the Company”) ACQUISITION OF LAND BY WHOLLY-OWNED SUBSIDIARY, ABLE DAIRIES SDN. BHD. (“ABLE DAIRIES”)

JOHORE TIN BERHAD
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description JOHORE TIN BERHAD (“JTB” or “the Company”)
ACQUISITION OF LAND BY WHOLLY-OWNED SUBSIDIARY, ABLE DAIRIES SDN. BHD. (“ABLE DAIRIES”)
The Board of Directors of JTB wishes to announce that on 5 December 2012, Able Dairies Sdn Bhd (“Able Dairies” or the “Purchaser”), a wholly-owned subsidiary of JTB had entered into an Agreement of Sale (“AS”) with Lai Shin Lin (“Vendor”) for the acquisition of a parcel of land held under GM 2483, Lot 2263, Mukim Teluk Panglima Garang for a purchase consideration of RM5,794,760.
For details of the announcement, please refer to the file attached.This announcement is dated 5 December 2012.                                                            .

Announcement Info

Company Name JOHORE TIN BERHAD
Stock Name JOHOTIN
Date Announced 5 Dec 2012
Category General Announcement
Reference No CJ-121129-68915