RH PETROGAS LIMITEDSale and Purchase Agreement • June 23rd, 2022
Contract Type FiledJune 23rd, 2022The Board of Directors of RH Petrogas Limited (the “Company” and together with its subsidiaries, the “Group”) wishes to announce that its wholly-owned subsidiary, Trim Technologies (M) Sdn Bhd (“TRIM”), entered into a Sale and Purchase Agreement (“SPA”) on 4 May 2010 with Pan-International Wire & Cable (Malaysia) Sdn Bhd (“Purchaser”) for the proposed disposal of the leasehold land known as PT 3245, Mukim 1 held under HSD 31801, Daerah Seberang Perai Tengah, Pulau Pinang together with a single storey detached factory building erected on it bearing postal address Plot 16, Lorong Jelawat 1, Seberang Jaya Industrial Park, 13700 Prai, Penang, Malaysia, (“land and factory building”) for an aggregate consideration of RM8,150,000 (the “Disposal”).