Circulars

11 March 2024
FOUNDPAC GROUP BERHAD ("FOUNDPAC" OR THE "COMPANY") CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED ACQUISITION BY FOUNDPAC SDN BHD (FPSB), A WHOLLY-OWNED SUBSIDIARY OF FOUNDPAC, OF A LEASEHOLD INDUSTRIAL LAND HELD UNDER TITLE NO. PAJAKAN NEGERI (PN) 2759, LOT 5728, MUKIM 12, DISTRICT OF BARAT DAYA, STATE OF PULAU PINANG TOGETHER WITH A SINGLE STOREY DETACHED FACTORY CUM DOUBLE STOREY OFFICE BUILDING ERECTED THEREON FOR A TOTAL CASH CONSIDERATION OF RM41.88 MILLION ("PROPOSED ACQUISITION")