The Board of Directors of Kitacon (“Board”) wishes to announce that Kitacon Sdn Bhd (“KSB” or “Purchaser”), a wholly-owned subsidiary of Kitacon, has on 28 April 2023 entered into a sale and purchase agreement (“SPA”) with Sime Darby Property (Bukit Raja) Sdn Bhd (“Vendor”), a wholly-owned subsidiary of Sime Darby Property Berhad, wherein the Vendor shall sell and the Purchaser shall purchase a piece of freehold land in Mukim Kapar, District of Klang, State of Selangor (“Lot”) for a cash consideration of RM13,017,888 (“Purchase Consideration”).

Please refer to the attachment for further details.
This announcement is dated 28 April 2023.