TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS MULPHA INTERNATIONAL BHD (“MIB”) - PROPOSED DISPOSAL OF LANDS BY MULPHA NORWEST PTY LIMITED AND MULPHA SANCTUARY COVE (DEVELOPMENTS) PTY LIMITED, SUBSIDIARIES OF MIB, TO AVEO SOUTHERN GATEWAY PTY LIMITED (AS TRUSTEE OF AVEO SOUTHERN GATEWAY TRUST) AND AVEO SANCTUARY COVE PTY LIMITED (AS TRUSTEE OF AVEO SANCTUARY COVE TRUST)
| MULPHA INTERNATIONAL BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | MULPHA INTERNATIONAL BHD (“MIB”) - PROPOSED DISPOSAL OF LANDS BY MULPHA NORWEST PTY LIMITED AND MULPHA SANCTUARY COVE (DEVELOPMENTS) PTY LIMITED, SUBSIDIARIES OF MIB, TO AVEO SOUTHERN GATEWAY PTY LIMITED (AS TRUSTEE OF AVEO SOUTHERN GATEWAY TRUST) AND AVEO SANCTUARY COVE PTY LIMITED (AS TRUSTEE OF AVEO SANCTUARY COVE TRUST) |
Mulpha Norwest Pty Limited and Mulpha Sanctuary Cove (Developments) Pty Limited, subsidiaries of Mulpha Australia Limited, which in turn is a wholly-owned subsidiary of MIB, have on 20 May 2014 entered into 3 separate conditional contracts of sale of land for the disposal of lands to Aveo Southern Gateway Pty Limited (as trustee of Aveo Southern Gateway Trust) and Aveo Sanctuary Cove Pty Limited (as trustee of Aveo Sanctuary Cove Trust) respectively for a total consideration of A$53.6 million (equivalent to approximately RM161 million).
Kindly refer to the attached document for the complete announcement. This announcement is dated 21 May 2014.
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Announcement Info
| Company Name | MULPHA INTERNATIONAL BERHAD |
| Stock Name | MULPHA |
| Date Announced | 21 May 2014 |
| Category | General Announcement |
| Reference No | MI-140521-A2E5E |
