TECK GUAN PERDANA BERHADSale and Purchase Agreement • June 7th, 2022
Contract Type FiledJune 7th, 2022Description : SALE AND PURCHASE AGREEMENT (“AGREEMENT”) BETWEEN CHEE SU YU & SONS SDN. BHD. (HEREINAFTER REFERRED TO AS “THE VENDOR”) AND TAWAU COCOA ESTATE SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF TECK GUAN PERDANA BERHAD (HEREINAFTER REFERRED TO AS “THE PURCHASER”) FOR THE PURCHASE OF ONE (1) PARCEL OF LAND MEASURING APPROXIMATELY 500.5 ACRES HELD UNDER COUNTRY LEASE NO. 075323661 SITUATED AT MILE 32, LABUK ROAD, IN THE DISTRICT OF SANDAKAN, SABAH INCLUDING MATURED OIL PALMS, CROPS, TREES AND PLANTS, ALL BUILDINGS, STRUCTURES, FIXTURES AND FITTINGS THEREON (HEREINAFTER REFERRED TO AS “THE PROPOSED ACQUISITION”).