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PROPOSED DISPOSAL BY REX CANNING CO SDN BHD, A
WHOLLY-OWNED SUBSIDIARY OF REX, OF THE FOLLOWING:-
(I) ALL THAT PIECE OF LAND AND HEREDITAMENTS MEASURING 24,377
SQUARE METRES HELD UNDER NO. HAKMILIK PN 6849, LOT 3826,
MUKIM 13, DAERAH SEBERANG PERAI TENGAH, NEGERI PULAU PINANG
TOGETHER WITH BEVERAGES & CANNING FACTORIES, WAREHOUSES
AND A 3-STOREY OFFICE BLOCK ERECTED THEREON BEARING THE
ADDRESS PLOT 125, JLN PERINDUSTRIAN BUKIT MINYAK 5, TMN
PERINDUSTRIAN BUKIT MINYAK, 14100 SIMPANG AMPAT, SEBERANG
PERAI, PULAU PINANG; AND
(II) ALL THAT PIECE OF LAND AND HEREDITAMENTS MEASURING 7,051
SQUARE METRES HELD UNDER NO. HAKMILIK PN 10414, LOT 7067,
MUKIM 13, DAERAH SEBERANG PERAI TENGAH, NEGERI PULAU
PINANG TOGETHER WITH THE BUILDING ERECTED THEREON BEARING
THE ADDRESS PLOT 126, JLN PERINDUSTRIAN BUKIT MINYAK 5, TMN
PERINDUSTRIAN BUKIT MINYAK, 14100 SIMPANG AMPAT, SEBERANG
PERAI, PULAU PINANG
FOR A TOTAL DISPOSAL CONSIDERATION OF RM41.80 MILLION VIA CASH
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