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HELP INTERNATIONAL CORPORATION BERHAD Proposed acquisition of a piece of freehold land held under Geran 58384, Lot No.54327
28 Dec 2009
General Announcement
Reference No ML-091228-65777

Submitting Merchant Bank
:
HONG LEONG INVESTMENT BANK BERHAD  
Company Name
:
HELP INTERNATIONAL CORPORATION BERHAD  
Stock Name
:
HELP  
Date Announced
:
28/12/2009  



Type
:
Announcement
Subject
:
HELP INTERNATIONAL CORPORATION BERHAD (“HIC”)
Proposed acquisition of a piece of freehold land held under Geran 58384, Lot No.54327 (formerly known as HS(D) 100362, PT No.5783), Mukim Kuala Lumpur, Daerah Kuala Lumpur, Negeri Wilayah Persekutuan measuring approximately 1,112 square metres together with the building erected thereon, and known as HELP Residence
 
Contents
:
On behalf of the Board of Directors of HIC, Hong Leong Investment Bank Berhad wishes to announce that HELP University College Sdn Bhd, a wholly-owned subsidiary of HIC, has on even date entered into a conditional sale and purchase agreement dated 28 December 2009 with Zhao Yang Sdn Bhd for the acquisition of a piece of freehold land held under Geran 58384, Lot No.54327 (formerly known as HS(D) 100362, PT No.5783), Mukim Kuala Lumpur, Daerah Kuala Lumpur, Negeri Wilayah Persekutuan measuring approximately 1,112 square metres together with the building erected thereon, and known as HELP Residence, for a total cash consideration of RM50 million (“Proposed Acquisition”).

Please refer to the attached file for further details of the Proposed Acquisition.

This announcement is dated 28 December 2009.
 
Attachments
:
HELP Announcement (28 Dec 09).pdf

Announcement Details :



 




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