|Company Name||KPOWER BERHAD|
|Date Announced||23 Jun 2022|
|Category||General Announcement for PLC|
|Subject||TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
KPOWER BERHAD ("KPOWER" OR "THE COMPANY") - PROPOSED DISPOSAL OF INDUSTRIAL LAND HELD UNDER LOT 10231, GM 7196, MUKIM BENTONG, DAERAH BENTONG, IN THE STATE OF PAHANG, TOGETHER WITH BUILDINGS ERECTED THEREON (INCLUDING FIXTURES AND FITTINGS) FOR A TOTAL CASH CONSIDERATION OF RINGGIT MALAYSIA TWELVE MILLION (RM12.0 MILLION) ONLY
(The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Proposed Disposal.)
Reference is made to the announcements dated 14 June 2022 and 20 June 2022 in relation to the Proposed Disposal.
The Board of Directors of KPower wishes to announce that the Proposed Disposal has been completed in accordance with the terms and conditions of the SPA.
This announcement is dated 23 June 2022.