TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS DISPOSAL OF LAND BY WHOLLY-OWNED SUBSIDIARY, IKTA SDN. BHD.

DOMINANT ENTERPRISE BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description DISPOSAL OF LAND BY WHOLLY-OWNED SUBSIDIARY, IKTA SDN. BHD.


The Board of Directors of Dominant Enterprise Berhad wishes to announce that its wholly-owned subsidiary, Ikta Sdn. Bhd. (Company No. 133586-X) has entered into a Sale and Purchase Agreement for disposal of all that piece of freehold land held under H.S(D) 128747 P.T. 43314, Mukim of Petaling, Daerah Petaling, Negeri Selangor together with a factory erected thereon to Messrs. Peringgit Sri Motor Sdn. Bhd. (Company No. 199876-T) at a sales consideration of RM15,000,000.00 (Ringgit Malaysia : Fifteen Million Only).

Please refer the attached file for details of the Announcement.

This Announcement is dated 19 December 2014.