OTHERS SC ESTATE BUILDER BERHAD ("SCBUILD/0109" OR THE "COMPANY") JOINT VENTURE AGREEMENT BETWEEN SC ESTATE ENERGY SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND VANGUARD NORTH SDN. BHD.
| SC ESTATE BUILDER BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | SC ESTATE BUILDER BERHAD ("SCBUILD/0109" OR THE "COMPANY")
JOINT VENTURE AGREEMENT BETWEEN SC ESTATE ENERGY SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND VANGUARD NORTH SDN. BHD. |
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The Board of Directors of SC Estate Builder Berhad (“SCBUILD/0109” or the “Company”) wishes to announce that SC Estate Energy Sdn. Bhd. (“SCEE” or “the Project Owner”), a wholly-owned subsidiary of the Company had on 19 September 2025 entered into a joint venture agreement (“JV Agreement”) with Vanguard North Sdn. Bhd. (“VN” or “the Land Owner”) to develop two (2) parcels of building land held under GM931, Lot No. 457 & GM932, Lot No. 458 together with two (2) parcels of development land held under GM458, Lot No. 1740 & and GM456, Lot No. 1741, Kubang Pasu, Kedah Darul Aman (“the Lands”) measuring approximately 248,468 square metres located in Kedah Darul Aman, into a development of building construction project (“the Development”) comprising such number of subdivided lands, units and types of buildings as may be determined and applied for by SCEE or its delegates and such projects or development to be approved by the relevant authorities, in accordance with the terms and conditions set out in the JV Agreement. Please refer to the attachment for further details. This announcement is dated 19 September 2025. |
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Please refer attachment below.
Announcement Info
| Company Name | SC ESTATE BUILDER BERHAD |
| Stock Name | SCBUILD |
| Date Announced | 19 Sep 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-19092025-00022 |