Transactions (Chapter 10 Of Listing Requirements) : Recurrent Related Party Transactions

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Jul 01, 2024
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
Description SOUTHERN SCORE BUILDERS BERHAD ("SOUTHERN SCORE BUILDERS" OR "THE COMPANY")

LETTER OF AWARD FROM SMART ADVANCE RESOURCES SDN BHD ("SARSB") TO SOUTHERN SCORE SDN BHD ("SSSB"), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY

 

The Board of Directors of Southern Score Builders ("Board") is pleased to announce that SSSB, a wholly-owned subsidiary of the Company had on 1 July 2024, accepted a letter of award dated 1 July 2024 from SARSB to act as turnkey contractor for the proposed development of 3 residential apartment blocks comprising the following:

 

  1. Block A - 198 free cost residential units from level 8 to level 36;
  2. Block B - 358 free cost residential units from level 8 to level 37;
  3. Block C - 238 affordable housing units from level 8 to level 37;
  4. 1 facility floor and swimming pool on level 8;
  5. 8 floors of podium car park;
  6. 1 guard house; and
  7. 1 unit Tenaga Nasional Berhad Stesen Suis Utama 11kV;

 

on Lot No. 201575 Off Jalan Taman Melati 1, Mukim Setapak, Wilayah Persekutuan Kuala Lumpur ("Project") for a total contract sum of RM315.0 million ("LOA").

 

Please refer the attachment for further details.

 

This announcement is dated 1 July 2024.

 

Please refer attachment below.


Announcement Info

Company Name SOUTHERN SCORE BUILDERS BERHAD
Stock Name SSB8
Date Announced 01 Jul 2024
Category General Announcement for PLC
Reference Number GA1-01072024-00065

Attachments

  1. Letter_of_Award_20240701.pdf (Size: 30,025 bytes)