Common Contracts

TENANCY AGREEMENT ENTERED INTO BY LUM CHANG TIEN WAH PROPERTY SDN BHD, A JOINT VENTURE COMPANY OF TWPH (“LCTWP”) IN RELATION TO THE TWO (2) PIECES OF LEASEHOLD LAND OWNED BY LCTWP

January 3rd, 2020

• Filed
  January 3rd, 2020

The Board of Directors of TWPH (“Board”) wishes to announce that LCTWP, the joint venture company set up by TWPH and Lum Chang Holdings Limited (“LCH”) at the agreed proportion on a 50:50 basis between the parties, to jointly develop a mixed-use commercial development, had on 1 January 2020 entered into a tenancy agreement with PJBOX Sdn Bhd (“PJBOX” or “Tenant”) for two (2) pieces of leasehold land (“Said Land”), together with factories and offices erected thereon (“Said Buildings”) (“Tenancy Agreement”).