SDS

0.455

-0.01 (-2.2%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SDS GROUP BERHAD ("SDSG" OR THE "COMPANY") PROPOSED ACQUISITION BY LONDON BAKERY SDN BHD ("LBSB" OR THE "PURCHASER"), A WHOLLY-OWNED SUBSIDIARY OF SDSG, OF A FREEHOLD LAND HELD UNDER GERAN 29534, LOT 900, IN THE MUKIM OF TEBRAU, DISTRICT OF JOHOR BAHRU, STATE OF JOHOR FROM KEMPAS GREEN DEVELOPMENT SDN BHD ("KGD" OR THE "VENDOR") FOR A TOTAL CASH CONSIDERATION OF RM101,701,710.00 ("PROPOSED ACQUISITION")

SDS GROUP BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description 
SDS GROUP BERHAD ("SDSG" OR THE "COMPANY")

PROPOSED ACQUISITION BY LONDON BAKERY SDN BHD ("LBSB" OR THE "PURCHASER"), A WHOLLY-OWNED SUBSIDIARY OF SDSG, OF A FREEHOLD LAND HELD UNDER GERAN 29534, LOT 900, IN THE MUKIM OF TEBRAU, DISTRICT OF JOHOR BAHRU, STATE OF JOHOR FROM KEMPAS GREEN DEVELOPMENT SDN BHD ("KGD" OR THE "VENDOR") FOR A TOTAL CASH CONSIDERATION OF RM101,701,710.00 ("PROPOSED ACQUISITION")

We refer to the previous announcements dated 30 January 2026, 5 February 2026 and 30 March 2026 in relation to the Proposed Acquisition. Unless otherwise defined, the definitions set out in the previous announcements shall apply herein.

 

On behalf of the Board, UOBKH wishes to announce that LBSB and the Vendor had mutually agreed to the extension of the Conditional Period as stated in the SPA for a further period up to 31 August 2026 to fulfil the conditions precedent.

 

Save for the above, all other terms and conditions of the SPA remains unchanged, in full force, and continue to take effect and be binding on the parties to the SPA.

 

This announcement is dated 29 April 2026.



Announcement Info

Company Name SDS GROUP BERHAD
Stock Name SDS
Date Announced 29 Apr 2026
Category General Announcement for PLC
Reference Number GA1-29042026-00034


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