RSAWIT

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PROPOSED DISPOSAL OF A PARCEL OF LAND SITUATED AT BATANG BARAM, BARAM IN SARAWAK FOR A CASH CONSIDERATION OF RM28,000,000.00 BY SASTAT HOLDINGS SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF RIMBUNAN SAWIT BERHAD, TO TRINITY CAPITAL RESOURCES SDN. BHD. ("PROPOSED DISPOSAL")

RIMBUNAN SAWIT BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description 
PROPOSED DISPOSAL OF A PARCEL OF LAND SITUATED AT BATANG BARAM, BARAM IN SARAWAK FOR A CASH CONSIDERATION OF RM28,000,000.00 BY SASTAT HOLDINGS SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF RIMBUNAN SAWIT BERHAD, TO TRINITY CAPITAL RESOURCES SDN. BHD. ("PROPOSED DISPOSAL")

We refer to our announcements in relation to the Proposed Disposal on 13 January 2026, 14 January 2026 and 16 January 2026. Unless otherwise stated, the definitions used herein shall have the same meaning as defined in our earlier announcements.

 

We wish to announce that all the conditions precedent for the Proposed Disposal under the Disposal SPA have been fulfilled, or where applicable, deemed fulfilled. Pursuant thereto, the Disposal SPA has become unconditional on 17 March 2026.

 

This announcement is dated 17 March 2026.



Announcement Info

Company Name RIMBUNAN SAWIT BERHAD
Stock Name RSAWIT
Date Announced 17 Mar 2026
Category General Announcement for PLC
Reference Number GA1-17032026-00052


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