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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS

  General Announcement  
  Reference No: HS-120326-64199  
  Company Name: Hap Seng Consolidated Berhad  
  Stock Name: HAPSENG  
  Date Announced: 29/03/2011  
Type : Announcement
Subject : TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description :

Announcement in respect of non-related party transaction with percentage ratio exceeding 5%
- Proposed disposal of all that parcel of freehold plantation land held under EMR 2989, Lot No. 121 forming part of the Teluk Merbau Estate in the District of Kuala Langat, Mukim of Sepang, Selangor Darul Ehsan and proposed disposal of all that half (1/2) undivided share of all that parcel of freehold plantation land held under H.S. (D) 2785, Lot No. 3871 forming part of the Teluk Merbau Estate in the District and Mukim of Sepang, Selangor Darul Ehsan ["Proposed Disposals"].

Announcement Details/Table Section : Reference is made to our announcement dated 19 March 2012 on the Proposed Disposals ["said Announcement"]. Unless otherwise stated, the abbreviations and definitions used herein shall have the same meanings as those used in the said Announcement.

The Board of Directors is pleased to announce that the Proposed Disposals have been completed on even date in accordance with the terms and conditions of the said SPAs.
     
cc: Securities Commission

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