TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS UEM SUNRISE BERHAD ("UEM SUNRISE" OR "COMPANY") SALE AND PURCHASE AGREEMENT ("SPA") BETWEEN NUSAJAYA HEIGHTS SDN BHD ("NHSB") AND SUN SAKURA SDN BHD ("SSSB") FOR THE SALE OF 538 SUBDIVIDED PLOTS (FORMERLY KNOWN AS PART OF HS(D) 580319 PTD 208515) IN MUKIM PULAI, DISTRICT OF JOHOR BAHRU OR ISKANDAR PUTERI, JOHOR ("ISKANDAR LAND 1") FOR A TOTAL CONSIDERATION OF RM86.4 MILLION SIGNED ON 19 MAY 2023 ("ISKANDAR SPA 1")
| UEM SUNRISE BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | UEM SUNRISE BERHAD ("UEM SUNRISE" OR "COMPANY")
SALE AND PURCHASE AGREEMENT ("SPA") BETWEEN NUSAJAYA HEIGHTS SDN BHD ("NHSB") AND SUN SAKURA SDN BHD ("SSSB") FOR THE SALE OF 538 SUBDIVIDED PLOTS (FORMERLY KNOWN AS PART OF HS(D) 580319 PTD 208515) IN MUKIM PULAI, DISTRICT OF JOHOR BAHRU OR ISKANDAR PUTERI, JOHOR ("ISKANDAR LAND 1") FOR A TOTAL CONSIDERATION OF RM86.4 MILLION SIGNED ON 19 MAY 2023 ("ISKANDAR SPA 1") |
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The Company’s announcements dated 11 September 2023, 20 February 2024 and 6 March 2024 refer. Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the previous announcements.
In relation to Iskandar SPA 1, the Company wishes to announce that SSSB has requested for a variation of terms and the parties are currently in discussions on the same.
This announcement is dated 15 April 2024. |
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Announcement Info
| Company Name | UEM SUNRISE BERHAD |
| Stock Name | UEMS |
| Date Announced | 15 Apr 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-15042024-00074 |