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MBSB (1171)

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BackAug 23, 2012
Type Announcement
Subject OTHERS
Description MALAYSIA BUILDING SOCIETY BERHAD ("MBSB" OR THE “COMPANY")

PROPOSED DISPOSAL OF PROPERTY TO WCT HARTANAH JAYA SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF WCT LAND SDN BHD, WHICH IS IN TURN A WHOLLY OWNED SUBSIDIARY OF WCT BERHAD FOR A SALE CONSIDERATION OF RM180.0 MILLION ("PROPOSED DISPOSAL")
The Board of Directors of MBSB (“Board”) wishes to announce that MBSB had on 23 August 2012 entered into a Sale and Purchase Agreement (“SPA”) with WCT Hartanah Jaya Sdn. Bhd. (Company No. 963911-K ) (“WCT” or the “Purchaser”), a wholly owned subsidiary of WCT Land Sdn Bhd (Company No. 324888-H) which is in turn a wholly owned subsidiary of WCT Berhad (Company No. 66538-K), for the Proposed Disposal.
Please refer to the attachment for full text of the announcement.

This announcement is dated 23 August 2012.

 


Announcement Info

Company Name MALAYSIA BUILDING SOCIETY BERHAD  
Stock Name MBSB    
Date Announced 23 Aug 2012  
Category General Announcement
Reference No MB-120817-6CF70

Attachments

  1. MBSB230812.pdf (Size: 325,274 bytes)