Investor Relations

Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions
BackJun 16, 2025

 

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. 

 


Announcement Info

Company Name JAYA TIASA HOLDINGS BHD
Stock Name JTIASA
Date Announced 16 Jun 2025
Category General Announcement for PLC
Reference Number GA1-13062025-00001