TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS BOX-PAK (MALAYSIA) BHD. ("BOX-PAK" OR THE "COMPANY") SUBLEASE BY BOX-PAK (VIETNAM) CO., LTD ("BPV"), A WHOLLY-OWNED SUBSIDIARY OF BOX-PAK, THROUGH A PROJECT COMPANY (TO BE INCORPORATED AS A WHOLLY-OWNED SUBSIDIARY OF BPV), OF A PARCEL OF LEASEHOLD VACANT INDUSTRIAL LAND LOCATED IN LAND LOT I-9, D5 & N5 STREETS, HUU THANH INDUSTRIAL ZONE, DUC HOA DISTRICT, LONG AN PROVINCE, VIETNAM ("SUBJECT PROPERTY") ("SUBLEASE")
| BOX-PAK (MALAYSIA) BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | BOX-PAK (MALAYSIA) BHD. ("BOX-PAK" OR THE "COMPANY")
SUBLEASE BY BOX-PAK (VIETNAM) CO., LTD ("BPV"), A WHOLLY-OWNED SUBSIDIARY OF BOX-PAK, THROUGH A PROJECT COMPANY (TO BE INCORPORATED AS A WHOLLY-OWNED SUBSIDIARY OF BPV), OF A PARCEL OF LEASEHOLD VACANT INDUSTRIAL LAND LOCATED IN LAND LOT I-9, D5 & N5 STREETS, HUU THANH INDUSTRIAL ZONE, DUC HOA DISTRICT, LONG AN PROVINCE, VIETNAM ("SUBJECT PROPERTY") ("SUBLEASE") |
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We refer to the previous announcement and the circular to shareholders dated 10 June 2024 in relation to the Sublease (“Circular”). Unless otherwise defined, the definitions set out in the Circular shall apply herein.
On behalf of the Board, UOBKH wishes to announce that the final remaining Sublease CP set out in the In-Principle Land Sublease Agreement (i.e. BPV having obtained the IRC and ERC for the establishment of Krafton Greenpax (Viet Nam) Company Limited, being the Project Company to carry out the Project on the Subject Property) has been fulfilled on 16 July 2024, and the In-Principle Land Sublease Agreement has become unconditional on even date.
Pursuant thereto, the parties have executed the Land Sublease Contract on even date and the Land Sublease Contract shall be the sole valid contract governing the Sublease.
This announcement is dated 16 July 2024. |
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Announcement Info
| Company Name | BOX-PAK (MALAYSIA) BERHAD |
| Stock Name | BOXPAK |
| Date Announced | 16 Jul 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-16072024-00027 |