TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS SUNWAY REAL ESTATE INVESTMENT TRUST ("SUNWAY REIT") PROPOSED ACQUISITION OF THE SUBJECT LANDS AND BUILDINGS IN SUNWAY CITY FOR A PURCHASE CONSIDERATION OF RM550 MILLION
| SUNWAY REAL ESTATE INVESTMENT TRUST |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | SUNWAY REAL ESTATE INVESTMENT TRUST ("SUNWAY REIT")
PROPOSED ACQUISITION OF THE SUBJECT LANDS AND BUILDINGS IN SUNWAY CITY FOR A PURCHASE CONSIDERATION OF RM550 MILLION |
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Unless otherwise defined, the abbreviations and definitions used in the announcements dated 24 December 2018, 17 January 2019, 18 February 2019, 21 March 2019, 22 March 2019 and 8 April 2019 ("Announcements") shall apply herein. We refer to the Announcements in relation to the Proposed Acquisition. On behalf of the Board, RHB Investment Bank wishes to announce that the Proposed Acquisition has been completed today in accordance with the terms and conditions of the SPA. In addition, the novation agreements for the respective Lease Agreements between the Vendor, the Trustee and the respective Lessees are effective today. This announcement is dated 15 April 2019. |
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Announcement Info
| Company Name | SUNWAY REAL ESTATE INVESTMENT TRUST |
| Stock Name | SUNREIT |
| Date Announced | 15 Apr 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-15042019-00031 |