WARISAN

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS WARISAN TC HOLDINGS BERHAD DISPOSAL OF A PIECE OF INDUSTRIAL PROPERTY HELD UNDER HSD 156434, PT 1A, BANDAR PETALING JAYA, DAERAH PETALING, NEGERI SELANGOR BEARING POSTAL ADDRESS OF LOT 1A, JALAN KEMAJUAN, SEKSYEN 13, 46200 PETALING JAYA, SELANGOR TO LEISURE EVENT SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF AVALAND HOLDINGS BERHAD, WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF AVALAND BERHAD, FOR A TOTAL CASH CONSIDERATION OF RM49 MILLION

WARISAN TC HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
WARISAN TC HOLDINGS BERHAD
DISPOSAL OF A PIECE OF INDUSTRIAL PROPERTY HELD UNDER HSD 156434, PT 1A, BANDAR PETALING JAYA, DAERAH PETALING, NEGERI SELANGOR BEARING POSTAL ADDRESS OF LOT 1A, JALAN KEMAJUAN, SEKSYEN 13, 46200 PETALING JAYA, SELANGOR TO LEISURE EVENT SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF AVALAND HOLDINGS BERHAD, WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF AVALAND BERHAD, FOR A TOTAL CASH CONSIDERATION OF RM49 MILLION

The Board of Directors of Warisan TC Holdings Berhad (“WTCH” or “Company”) (“Board”) wishes to announce that Comit Communication Technologies (M) Sdn. Bhd. [Registration No.: 199101011806 (222118-H)] (“CCT” or “Vendor”), a 75.5%-owned subsidiary of WTCH, had on 1 July 2025 entered into a Sale and Purchase Agreement (“SPA”) with Leisure Event Sdn. Bhd. [Registration No.: 201001025599 (909513-V)] (“Leisure Event” or “Purchaser”) for the disposal of a piece of industrial property held under HSD 156434, PT 1A, Bandar Petaling Jaya, Daerah Petaling, Negeri Selangor bearing postal address of Lot 1A, Jalan Kemajuan, Seksyen 13, 46200 Petaling Jaya, Selangor measuring approximately 8787.9684 square meters (94,596 square feet) in area (“Property”) to the Purchaser for a total cash consideration of Ringgit Malaysia Forty-Nine Million (RM49,000,000) only (“Disposal Price”) subject to the terms and conditions stipulated in the SPA (hereinafter referred to as “Disposal”).

 

The details of the announcement is attached herewith.

 

This announcement is dated 1 July 2025.




Please refer attachment below.



Announcement Info

Company Name WARISAN TC HOLDINGS BERHAD
Stock Name WARISAN
Date Announced 01 Jul 2025
Category General Announcement for PLC
Reference Number GA1-30052025-00062