TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS MUI PROPERTIES BERHAD ("MUIP" OR "COMPANY") DISPOSAL BY WEST SYNERGY SDN BHD (A 60%-OWNED INDIRECT SUBSIDIARY OF MUIP) OF 4 CONTIGUOUS PARCELS OF LAND LOCATED WITHIN SPRINGHILL INDUSTRIAL PARK, BANDAR SPRINGHILL, NEGERI SEMBILAN, TO GAMUDA DC INFRASTRUCTURE SDN BHD (A WHOLLY-OWNED INDIRECT SUBSIDIARY OF GAMUDA BERHAD), FOR A TOTAL DISPOSAL CONSIDERATION OF RM424,428,055 TO BE SATISFIED ENTIRELY IN CASH ("DISPOSAL")
| MUI PROPERTIES BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | MUI PROPERTIES BERHAD ("MUIP" OR "COMPANY")
DISPOSAL BY WEST SYNERGY SDN BHD (A 60%-OWNED INDIRECT SUBSIDIARY OF MUIP) OF 4 CONTIGUOUS PARCELS OF LAND LOCATED WITHIN SPRINGHILL INDUSTRIAL PARK, BANDAR SPRINGHILL, NEGERI SEMBILAN, TO GAMUDA DC INFRASTRUCTURE SDN BHD (A WHOLLY-OWNED INDIRECT SUBSIDIARY OF GAMUDA BERHAD), FOR A TOTAL DISPOSAL CONSIDERATION OF RM424,428,055 TO BE SATISFIED ENTIRELY IN CASH ("DISPOSAL") |
|
We refer to the announcements dated 30 December 2024 and 7 May 2025 in relation to the Disposal (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.
On behalf of the Board, TA Securities wishes to announce that all the conditions precedent pursuant to the SPA have been fulfilled on 4 July 2025. Accordingly, the SPA has become unconditional on the even date.
This announcement is dated 4 July 2025. |
|
Announcement Info
| Company Name | MUI PROPERTIES BERHAD |
| Stock Name | MUIPROP |
| Date Announced | 04 Jul 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-04072025-00027 |