Announcement Details/Table Section :
The Board of Directors of JRB wishes to announce that the wholly-owned subsidiary of the Company, Harbour Front DevelopmentSdn Bhd had on 2 September 2014 entered into conditional sale and purchase agreements with Welloyd Engineering (M) Sdn Bhd, a company incorporated in Malaysia with its registered office at Lot 33004/5, Jalan kebun, Kampung Jawa, 42450 Klang, Selangor Darul Ehsan for the purpose of the sale of a piece of freehold land for a total cash consideration of RM59,395,256.00 (the "Proposed Disposal").
Further details of the Proposed Disposal are as per file attached.
This announcement is dated 3 September 2014.
