SHANG

2.030

(%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS TENANCY AGREEMENTS - OFFICE SPACE AT UBN TOWER

SHANGRI-LA HOTELS (MALAYSIA) BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
TENANCY AGREEMENTS - OFFICE SPACE AT UBN TOWER

The Board of Directors of Shangri-La Hotels (Malaysia) Berhad (“SHMB”) wishes to announce that its wholly-owned subsidiary, UBN Tower Sdn Bhd has on 18 March 2020 entered into three (3) fresh tenancy agreements with the KB Group for the rental of office space at UBN Tower, 10 Jalan P. Ramlee, 50250 Kuala Lumpur for a 3-year term commencing from 1 April 2020 at a rental rate of RM5.90psf (the “Transactions”). 

The Transactions are related party transactions pursuant to Paragraph 10.08 of the Listing Requirements of Bursa Malaysia Securities Berhad.

The full details of the Announcement are provided in the attachment.

 




Please refer attachment below.



Announcement Info

Company Name SHANGRI-LA HOTELS (MALAYSIA) BERHAD
Stock Name SHANG
Date Announced 18 Mar 2020
Category General Announcement for PLC
Reference Number GA1-17032020-00023