Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
Description |
Focus Point Holdings Berhad (884238-U) ("Focus Point" or "The Company") Acquisition by Focus Point Vision Care Group Sdn Bhd, a Wholly-Owned Subsidiary of Focus Point, of a 5-Storey Shop Office, Situated at Unit 7 Block I, Jalan PJU 1/37, Dataran Prima, 47301 Petaling Jaya, Selangor for Cash Consideration of RM3,400,000.00 |
Pursuant to Rule 10.06 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad (“ACE LR”), the Board of Directors of Focus Point (“Board”) wishes to announce that on 12 May 2016, Focus Point Vision Care Group Sdn Bhd ("FPVCGSB” or “Purchaser"), a wholly-owned subsidiary of Focus Point, entered into a Sale and Purchase Agreement (“Agreement”) with LTN Resources Sdn Bhd (“LTN” or “the Vendor”) for the purchase of a 5-storey shop office situated at Block I, Jalan PJU 1/37, Dataran Prima, 47301 Petaling Jaya, Selangor (“Block I”), measuring in area approximately 666 square metres, a freehold property (“Property”) at a total cash consideration of RM3,400,000.00 (“Purchase Price”) (“Acquisition”). Please refer to the attachment for details of the announcement. |
Company Name | FOCUS POINT HOLDINGS BERHAD |
Stock Name | FOCUSP |
Date Announced | 12 May 2016 |
Category | General Announcement for PLC |
Reference Number | GA1-11052016-00058 |
Attachments