|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.
|Company Name||MALAYSIA BUILDING SOCIETY BERHAD|
|Date Announced||23 Aug 2012|