The Board of Directors is pleased to announce that Medini Heritage Sdn Bhd (Company No. 1052685-D) a 100% owned subsidiary of Tiong Nam Logistics Holdings Berhad has on 20 May 2014 entered into a Sale and Purchase Agreement with Peninsular Hub Sdn. Bhd. (Company No. 774229-P) to purchase 9 parcels of freehold agriculture vacant lands measuring 45.7771 hectares or 4,927,406 square feet held under separate issue document of titles as follows:
(i) HS(M) 2896, PTD 171027, Mukim of Plentong, Tempat of LKTP Cahaya Baru, Daerah of Johor Baharu, Negeri Johor measuring 3.011 Hectares;
(ii) HS(M) 2897, PTD 171028, Mukim of Plentong, Tempat of LKTP Cahaya Baru, Daerah of Johor Baharu, Negeri Johor measuring 6.629 Hectares;
(iii) HS(M) 2902, PTD 171026, Mukim of Plentong, Tempat of LKTP Cahaya Baru, Daerah of Johor Baharu, Negeri Johor measuring 14.018 Hectares;
(iv) HS(M) 2904, PTD 171029, Mukim of Plentong, Tempat of LKTP Cahaya Baru, Daerah of Johor Baharu, Negeri Johor measuring 1.473 Hectares;
(v) HS(M) 2937, PTD 175231, Mukim of Plentong, Tempat of LKTP Cahaya Baru, Daerah of Johor Baharu, Negeri Johor measuring 8.855 Hectares;
(vi) HS(M) 2938, PTD 175232, Mukim of Plentong, Tempat of LKTP Cahaya Baru, Daerah of Johor Baharu, Negeri Johor measuring 2.966 Hectares;
(vii) HS(M) 2939, PTD 175233, Mukim of Plentong, Tempat of LKTP Cahaya Baru, Daerah of Johor Baharu, Negeri Johor measuring 2.9069 Hectares;
(viii) HS(M) 2941, PTD 175234, Mukim of Plentong, Tempat of LKTP Cahaya Baru, Daerah of Johor Baharu, Negeri Johor measuring 2.894 Hectares; and
(ix) HS(M) 2942, PTD 175235, Mukim of Plentong, Tempat of LKTP Cahaya Baru, Daerah of Johor Baharu, Negeri Johor measuring 3.0242 Hectares.
The additional information are set out in the attachment below.
This announcement is dated 20 May 2014.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1627361