TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS SUNWAY REAL ESTATE INVESTMENT TRUST ("SUNWAY REIT") PROPOSED ACQUISITION OF THE SUNWAY CLIO PROPERTY FOR A PURCHASE CONSIDERATION OF RM340 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 SUNWAY CLIO PROPERTY FOR A PURCHASE CONSIDERATION OF RM340 MILLION |
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Unless otherwise defined, the abbreviations and definitions used in the announcement by Sunway REIT dated 3 August 2017, 19 September 2017, 10 October 2017, 25 October 2017 and 9 February 2018 (“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 all the conditions precedent of the HLA have been fulfilled following the receipt of the letter of consent from the State Authority dated 22 May 2018 (which was received on 24 May 2018) for the lease of the Hotel Property. This announcement is dated 24 May 2018. |
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Announcement Info
| Company Name | SUNWAY REAL ESTATE INVESTMENT TRUST |
| Stock Name | SUNREIT |
| Date Announced | 24 May 2018 |
| Category | General Announcement for PLC |
| Reference Number | GA1-24052018-00118 |