News
Others
Type | Announcement |
Subject | OTHERS |
Description |
FREIGHT MANAGEMENT HOLDINGS BHD - ACQUISITION OF PROPERTY BY ITS WHOLLY-OWNED SUBSIDIARY |
The Board of Directors of FMHB (“Board”) wishes to announce that FM Global Logistics (M) Sdn. Bhd. (“FMGLM” or ”Purchaser”), a wholly-owned subsidiary of the Company has on 27 August 2015 entered into a Sale and Purchase Agreement (“SPA”) with Johnson Controls Automotive Holding (M) Sdn. Bhd. (Company No. 114130-M) (“Vendor”) to acquire all that piece of land held under HS (D) 261818, Lot No. PT 598, Pekan Hicom, Daerah Petaling, Negeri Selangor with an approximate area of 34,559 square meters (“Land”) together with the 2 double storey office buildings/canteen and 4 production/warehouses erected thereon and bearing the postal address of Lot 5, Persiaran Sabak Bernam, Section 26 (HICOM), 40000 Shah Alam, Selangor Darul Ehsan (“Building”) (collectively known as the “Property”) for a total purchase price of RM50,000,000.00 (excluding Goods and Services Tax) (“Proposed Acquisition”) free from encumbrances and in the state and condition as at the date of completion on an “as is where is” basis.
Details of the full announcement is attached herewith.
This announcement is dated 27 August 2015. |
Please refer attachment below.
Announcement Info
Company Name | FREIGHT MANAGEMENT HOLDINGS BERHAD |
Stock Name | FREIGHT |
Date Announced | 27 Aug 2015 |
Category | General Announcement for PLC |
Reference Number | GA1-27082015-00096 |
Attachments
- Announcement-Acquisition_of_Property_by_its_Wholly_Owned_Subsidiary-27.8.2015.pdf (Size: 262,828 bytes)