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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): RELATED PARTY TRANSACTIONS Completion of the sale of the Company's existing amusement business named Smart Wonder World to AEON Fantasy (Malaysia) Sdn. Bhd. for a cash consideration of Ringgit Malaysia Twenty Two Million Four Hundred Thousand (RM22,400,000.00) only
| AEON CO. (M) BHD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | Completion of the sale of the Company's existing amusement business named Smart Wonder World to AEON Fantasy (Malaysia) Sdn. Bhd. for a cash consideration of Ringgit Malaysia Twenty Two Million Four Hundred Thousand (RM22,400,000.00) only |
Pursuant to the announcement made on 25 February 2011 on the sale of the Company’s existing amusement business named Smart Wonder World (hereinafter referred to as “SWW”) to AEON Fantasy (Malaysia) Sdn. Bhd., the Board of Directors of AEON CO. (M) BHD. is pleased to announce that the sale of SWW was completed on 27 December 2011 in accordance with the terms and conditions stipulated in the Sale and Purchase Agreement dated 25 February 2011 between AEON CO. (M) BHD. and AEON Fantasy (Malaysia) Sdn. Bhd.. This announcement is dated 27 December 2011. | |
Announcement Info
| Company Name | AEON CO. (M) BHD |
| Stock Name | AEON |
| Date Announced | 27 Dec 2011 |
| Category | General Announcement |
| Reference No | CC-111227-63303 |