02 Aug

02/08/2011 – General Announcement

General Announcement
Reference No OI-110802-60280
Submitting Merchant Bank
:
OSK INVESTMENT BANK BERHAD  
Company Name
:
CAREPLUS GROUP BERHAD (ACE Market) 
Stock Name
:
CAREPLS  
Date Announced
:
02/08/2011  
Admission Sponsor
:
OSK Investment Bank Bhd
Sponsor
:
Same as above
Type
:
Announcement
Subject
:
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
:
CAREPLUS GROUP BERHAD (“CAREPLUS” OR THE “COMPANY”)

PROPOSED ACQUISITION OF A PARCEL OF LEASEHOLD LAND HELD UNDER PM 71, LOT NO. 10577, PEKAN SENAWANG, DISTRICT OF SEREMBAN, NEGERI SEMBILAN DARUL KHUSUS, TOGETHER WITH THE BUILDINGS ERECTED THEREON BY CAREPLUS (M) SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF CAREPLUS FOR A CASH CONSIDERATION OF RM9.50 MILLION

Attachments
:
Careplus - Proposed Acquisition.pdf

Announcement Details/Table Section :

On behalf of the Board of Directors of Careplus, OSK Investment Bank Berhad wishes to announce that Careplus (M) Sdn Bhd, a wholly-owned subsidiary of Careplus, had on 2 August 2011 entered into a conditional sale and purchase agreement with Kim Fashion Knitwear (M) Sdn Bhd (in creditors’ voluntary liquidation) for the acquisition of a parcel of leasehold land measuring approximately 37,888 square metres (or 407,826 square feet) held under PM 71, Lot No. 10577, Pekan Senawang, District of Seremban, Negeri Sembilan Darul Khusus together with the buildings erected thereon, and bearing postal address of No. 120 and 121, Senawang Industrial Estate, 70450 Seremban, Negeri Sembilan Darul Khusus, for a cash consideration of RM9,500,000 (“Proposed Acquisition”).

Further details on the Proposed Acquisition are set out in the attachment herein.

This announcement is dated 2 August 2011.