Date : 22 December 2014

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS MULPHA INTERNATIONAL BHD (“MIB”) - PROPOSED ACQUISITION OF NORWEST MARKETOWN BY NORWEST CITY PTY LIMITED, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF MIB

MULPHA INTERNATIONAL BERHAD

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionMULPHA INTERNATIONAL BHD (“MIB”)
- PROPOSED ACQUISITION OF NORWEST MARKETOWN BY NORWEST CITY PTY LIMITED, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF MIB

Pursuant to Chapter 10, Paragraph 10.06 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that Norwest City Pty Limited, an indirect wholly-owned subsidiary of MIB has on 18 December 2014, entered into a Contract for the Sale of Land with Norwest Marketown Pty Limited as trustee for Norwest Lakeside Unit Trust (“Vendor”) for the proposed acquisition of Norwest Marketown and certain surrounding lands located at Norwest Boulevard, Baulkham Hills NSW, Australia from the Vendor for a total purchase consideration of A$120 million (equivalent to approximately RM349.20 million based on the exchange rate of A$1.00:RM2.91 as at 18 December 2014).

 

Kindly refer to the attached document for the complete announcement.

This announcement is dated 22 December 2014.

 

 



Announcement Info

Company NameMULPHA INTERNATIONAL BERHAD  
Stock Name MULPHA    
Date Announced22 Dec 2014  
CategoryGeneral Announcement
Reference NoMI-141222-ACEA0

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