The Board of Directors of Jaya Tiasa Holdings Berhad (the 'Company') wishes to announce that Rimbunan Hijau Plywood Sdn Bhd, a wholly-owned subsidiary of the Company, has entered into a Sale and Purchase Agreement for the disposal of a parcel of land together with a detached shophouse erected thereon to Moverstar (M) Sdn Bhd, a wholly-owned subsidiary of Oriental Evermore Sdn Bhd, a related party.

Please refer to the attachment for details of the announcement.

This announcement is dated 26 August 2020.

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Jaya Tiasa Holdings Bhd published this content on 26 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 August 2020 10:21:10 UTC