TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS
AmFIRST REAL ESTATE INVESTMENT TRUST (“AmFIRST REIT”)
PROPOSED ACQUISITION BY AmFIRST REIT OF ALL THOSE SIX (6) PIECES OF LAND HELD UNDER GM 136, GRN 1929, GM 929, GM 338, GM 342 AND HSM 1158, LOT NOS. 850, 1186, 1511, 1611, 1619 AND 3424 RESPECTIVELY, IN THE MUKIM 06, DISTRICT OF SEBERANG PERAI TENGAH, STATE OF PULAU PINANG (“LANDS”) TOGETHER WITH A THREE (3) STOREY HYPERMALL BUILDING, EACH FLOOR WITH A MEZZANINE LEVEL TOGETHER WITH 1,242 CAR PARK BAYS AND 1,236 MOTORCYCLE BAYS IDENTIFIED AS MYDIN HYPERMALL WHICH IS CURRENTLY BEING BUILT ON THE AFORESAID LANDS FOR A CASH CONSIDERATION OF RM250,000,000.00 FROM MYDIN WHOLESALE CASH AND CARRY SDN BHD (COMPANY NO. 275715-K) (“PROPOSED ACQUISITION”).
AMFIRST REAL ESTATE INVESTMENT TRUST
Type
Announcement
Subject
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
AmFIRST REAL ESTATE INVESTMENT TRUST (“AmFIRST REIT”)
PROPOSED ACQUISITION BY AmFIRST REIT OF ALL THOSE SIX (6) PIECES OF LAND HELD UNDER GM 136, GRN 1929, GM 929, GM 338, GM 342 AND HSM 1158, LOT NOS. 850, 1186, 1511, 1611, 1619 AND 3424 RESPECTIVELY, IN THE MUKIM 06, DISTRICT OF SEBERANG PERAI TENGAH, STATE OF PULAU PINANG (“LANDS”) TOGETHER WITH A THREE (3) STOREY HYPERMALL BUILDING, EACH FLOOR WITH A MEZZANINE LEVEL TOGETHER WITH 1,242 CAR PARK BAYS AND 1,236 MOTORCYCLE BAYS IDENTIFIED AS MYDIN HYPERMALL WHICH IS CURRENTLY BEING BUILT ON THE AFORESAID LANDS FOR A CASH CONSIDERATION OF RM250,000,000.00 FROM MYDIN WHOLESALE CASH AND CARRY SDN BHD (COMPANY NO. 275715-K) (“PROPOSED ACQUISITION”).
