TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description
PROPOSED ACQUISITION OF A PARCEL OF VACANT COMMERCIAL LAND HELD UNDER H.S (D) 501209, LOT NO PTD 163189, MUKIM OF TEBRAU, DISTRICT OF JOHOR BAHRU, JOHOR DARUL TAKZIM ("LAND") BY KUMPULAN PERUBATAN (JOHOR) SDN BHD ("KPJSB"). A WHOLLY- OWNED SUBSIDIARY OF KPJ , FROM JOHOR LAND BERHAD ("JLB" OR "VENDOR"), A SUBSIDIARY OF JOHOR CORPORATION ("JCORP" OR "REGISTERED OWNER") FOR A TOTAL CASH CONSIDERATION OF RM45,000,000 ("PROPOSED ACQUISITION")
We refer to the announcements dated 16 May 2012, 23 July 2012, 15 November 2012 and 29 November 2012 in relation to the Proposed Acquisition. The Board of Directors of KPJ wishes to announce that the Proposed Acquisition is completed on 14 December 2012.
