Common Contracts
1 similar Sale of Assets Agreement contracts
ContractSale of Assets Agreement • October 30th, 2020
SALE OF ASSETS BY LIQUIDATOR Plantation Estate Located at Gua Musang, Kelantan, Malaysia The assets for sale comprise of the following:- (a) Plantation rights, pursuant to a Plantation Land Development Agreement signed with the state government agency of Kelantan, to maintain and develop a 4,565 hectares of palm oil and/or rubber plantation for a period of 60 years expiring on 11 September 2067 with an option to renew for another 30 years,located at Gua Musang, Kelantan (“the Plantation Land”). The Plantation Land has been used for oil palm plantation and has a planted area of 1,681 hectares. The age of palm oil trees planted to-date ranges between 4 to 12 years old; and(b) Buildings and machineries situated at the Plantation Land. (collectively referred to as “the Assets”)Interested parties can purchase a copy of the Information Memorandum from the Liquidator’s representatives at the address indicated below, during office hours (9.30 a.m. to 5.00 p.m., Monday to Friday) for RM500.00
