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Transactions (Chapter 10 Of Listing Requirements) : Related Party Transactions

13 December 2024

 

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description 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 FOR A TOTAL CONSIDERATION OF RM86.4 MILLION SIGNED ON 19 MAY 2023 ("ISKANDAR SPA 1")

Reference is made to the Company’s announcements dated 11 September 2023, 20 February 2024, 6 March 2024, 15 April 2024, 26 April 2024, 12 July 2024, 13 August 2024 and 14 August 2024. Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the previous announcements.

 

In relation to the Iskandar SPA 1, the Company wishes to announce that both NHSB and SSSB have mutually agreed to extend the completion date of the SPA until 31 December 2024. 

 

This announcement is dated 13 December 2024.

 


Announcement Info

Company Name UEM SUNRISE BERHAD
Stock Name UEMS
Date Announced 13 Dec 2024
Category General Announcement for PLC
Reference Number GA1-12122024-00046