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

BackJan 15, 2025
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 PHOENIX LEGACY SDN BHD (“PLSB”) FOR THE SALE OF HS(D) 358840 PTD 124159 IN MUKIM PULAI, DISTRICT OF JOHOR BAHRU OR ISKANDAR PUTERI, JOHOR FOR A TOTAL CONSIDERATION OF RM2.1 MILLION SIGNED ON 19 MAY 2023 (“ISKANDAR SPA 2”)

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, 14 August 2024, 13 December 2024 and 30 December 2024. Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the previous announcements.

 

In relation to Iskandar SPA 2, the Company wishes to announce that both NHSB and PLSB have mutually agreed to extend the conditional period of the SPA until 18 April 2025.

 

This announcement is dated 15 January 2025.


Announcement Info

Company Name UEM SUNRISE BERHAD
Stock Name UEMS
Date Announced 15 Jan 2025
Category General Announcement for PLC
Reference Number GA1-14012025-00026