FRONTKN

5.060

+0.06 (+1.2%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS FRONTKEN CORPORATION BERHAD ("FCB" OR "THE COMPANY") - ACQUISITION OF AN INDUSTRIAL LAND AND THE FACTORY BUILDINGS ERECTED THEREON BY ARES GREEN TECHNOLOGY CORPORATION ("AGTC"), A MAJOR SUBSIDIARY OF FCB, FROM GINWIN TECHNOLOGY CO., LTD. ("VENDOR") FOR A TOTAL CASH CONSIDERATION OF NTD 920,000,000 OR APPROXIMATELY RM 118,161,120

FRONTKEN CORPORATION BERHAD

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	FRONTKEN CORPORATION BERHAD ("FCB" OR "THE COMPANY") - ACQUISITION OF AN INDUSTRIAL LAND AND THE FACTORY BUILDINGS ERECTED THEREON BY ARES GREEN TECHNOLOGY CORPORATION ("AGTC"), A MAJOR SUBSIDIARY OF FCB, FROM GINWIN TECHNOLOGY CO., LTD. ("VENDOR") FOR A TOTAL CASH CONSIDERATION OF NTD 920,000,000 OR APPROXIMATELY RM 118,161,120
The Board of Directors of FCB wishes to announce that its major subsidiary, AGTC, had on 15 September 2026, successfully bidded for an industrial land together with the existing factory buildings erected thereon located in Tainan, Taiwan, for a total cash consideration of NTD 920,000,000 or approximately RM 118,161,120 ("Purchase Consideration") ("Acquisition"). Please refer to the attachment for further details of the Acquisition. This announcement is dated 15 September 2026.

Please refer attachment below.

Attachments

FCB_Final Announcement_Acquition_land(s)_by_AGTC.pdf
106.7 kB

Announcement Info

Company Name	FRONTKEN CORPORATION BERHAD
Stock Name	FRONTKN
Date Announced	15 Sep 2026
Category	General Announcement for PLC
Reference Number	GA1-15092026-00070

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