The Board of Directors of ATTA Global Group Berhad (“ATTA” or “the Company”) wishes to announce that Park Avenue Construction Sdn. Bhd. (“PACSB”), a wholly-owned subsidiary of ATTA, had on 21 December 2017 entered into a Sale and Purchase Agreement (“SPA”) with Concrete Idea Sdn. Bhd. (Company No. 210370-A) for the acquisition of property as detailed in Section 2.2.1 as per attached file (“the Property”), for a total cash consideration of RM6.00 million (“the Acquisition”).

Thereafter, Progerex Sdn. Bhd. (“PSB”), a wholly-owned subsidiary of ATTA, had on 05 January 2018 entered into a Sale and Purchase Agreement (“SPA”) with Concrete Idea Sdn. Bhd. (Company No. 210370-A) for the acquisition of property as detailed in Section 2.2.2 as per attached file  (“the Property”), for a total cash consideration of RM4.00 million (“the Acquisition”) which aggregation of transaction exceeded 5% of Chapter 10 of the Listing Requirement of Bursa Malaysia Securities Berhad.

Please refer to the attached file for the full text of the announcement.

This announcement is dated 9 January 2018.

ATTA-Announcement (acquisition of property by Park Avenue and Progerex).pdf