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Acquisition of an an industrial unit with an estimated floor area of 163 square metres ("Property") in a building known as "The Alexcier" in Singapore

11-08-2006

Techtron Integrated Systems (S) Pte Ltd, a wholly-owned subsidiary of Asdion Berhad, had on 8 November 2006, agreed to the terms of and entered into a Sale and Purchase Agreement with the developer of the Property, Wintech Redhill Pte Ltd, in respect of the Acquisition of an industrial unit with an estimated floor area of 163 square metres in a building known as "The Alexcier" in Singapore for a cash consideration of 333,000 Singapore Dollars ("SGD") plus SGD16,650 goods and service tax (equivalent to approximately RM816,782 based on an exchange rate of RM2.3360 to SGD1.00).