Bursa Announcement

Bursa Announcement

Date : 25 June 2014

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): RELATED PARTY TRANSACTIONS AEON CO. (M) BHD. ("the Company" or “AEON CO.”) - SALE AND PURCHASE AGREEMENT ENTERED INTO BETWEEN AEON CO. AND AEON REIT INVESTMENT CORPORATION

AEON CO. (M) BHD

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionAEON CO. (M) BHD. ("the Company" or “AEON CO.”)
- SALE AND PURCHASE AGREEMENT ENTERED INTO BETWEEN AEON CO. AND AEON REIT INVESTMENT CORPORATION

Reference is made to the Company’s announcement dated 2 October 2013 in relation to the Sale and Purchase Agreement dated 2 October 2013 (“Agreement”) entered into between the Company and AEON REIT INVESTMENT CORPORATION (“J-REIT”) for the disposal of 18.18% undivided share of a piece of land held under Geran Hakmilik No.76558, Lot No. 49045, Mukim Pulai, Daerah Johor Bahru, Negeri Johor (“Land”) together with 18.18% undivided share of the AEON Taman Universiti Shopping Centre erected thereon (“Building”) from the Company to J-REIT in accordance with the terms and conditions stipulated in the Agreement. The Land and the Building are collectively referred to as the “Property”.

The Board of Directors of the Company wishes to announce that the disposal of 18.18% undivided share of the Property ("J-REIT Share") and the transfer of the J-REIT Share to the Company as trustee for J-REIT has been completed on 25 June 2014, the date of the presentation of the Memorandum of Transfer and relevant documents at the relevant land office for the purpose of registration.

This announcement is dated 25 June 2014.



Announcement Info

Company NameAEON CO. (M) BHD  
Stock Name AEON    
Date Announced25 Jun 2014  
CategoryGeneral Announcement
Reference NoCC-140620-50976

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