Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
Description | JAYA TIASA HOLDINGS BERHAD ("JTH" OR "THE COMPANY") PROPOSED ACQUISITION OF THREE (3) RESIDENTIAL LEASEHOLD LANDS APPROVED FOR MIXED DEVELOPMENT AND ONE (1) VACANT LEASEHOLD LAND, ALL SITUATED IN SIBU TOWN DISTRICT, BY JAYA TIASA PROPERTY SND. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY FOR A TOTAL PURCHASE CONSIDERATION OF RM100,000,000.00 ("PROPOSED ACQUISITIONS") |
We refer to the Company's announcement dated 30 May 2025 in relation to the Proposed Acquisitions ("Announcement"). Unless otherwise stated, the definitions used herein shall have the same meaning as defined in the Announcement.
The Board wishes to announce that all the conditions precedent of the SPA have been fulfilled. Pursuant thereto, the SPA has become unconditional on 16 June 2025.
This announcement is dated 16 June 2025. |
Company Name | JAYA TIASA HOLDINGS BHD |
Stock Name | JTIASA |
Date Announced | 16 Jun 2025 |
Category | General Announcement for PLC |
Reference Number | GA1-13062025-00001 |