PROPOSED DISPOSAL BY MJ PROPERTIES SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF METROJAYA BERHAD, WHICH IN TURN IS AN INDIRECT 98.21%-OWNED SUBSIDIARY OF MUIB, OF A FREEHOLD RETAIL SPACE KNOWN AS LOT 3A-B, G-M01, BASEMENT AND GROUND FLOOR OF KOMPLEKS BUKIT JAMBUL, JALAN RUMBIA, BAYAN LEPAS, 11900 PENANG FOR A DISPOSAL PRICE OF RM25,500,000 (PROPOSED DISPOSAL)
MALAYAN UNITED INDUSTRIES BERHAD |
Type | Reply to Query |
Reply to Bursa Malaysia's Query Letter - Reference ID | IQL-02072020-00001 |
Subject | PROPOSED DISPOSAL BY MJ PROPERTIES SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF METROJAYA BERHAD, WHICH IN TURN IS AN INDIRECT 98.21%-OWNED SUBSIDIARY OF MUIB, OF A FREEHOLD RETAIL SPACE KNOWN AS LOT 3A-B, G-M01, BASEMENT AND GROUND FLOOR OF KOMPLEKS BUKIT JAMBUL, JALAN RUMBIA, BAYAN LEPAS, 11900 PENANG FOR A DISPOSAL PRICE OF RM25,500,000 (PROPOSED DISPOSAL) |
Description | MALAYAN UNITED INDUSTRIES BERHAD ("MUIB" OR "THE COMPANY") PROPOSED DISPOSAL BY MJ PROPERTIES SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF METROJAYA BERHAD, WHICH IN TURN IS AN INDIRECT 98.21%-OWNED SUBSIDIARY OF MUIB, OF A FREEHOLD RETAIL SPACE KNOWN AS LOT 3A-B, G-M01, BASEMENT AND GROUND FLOOR OF KOMPLEKS BUKIT JAMBUL, JALAN RUMBIA, BAYAN LEPAS, 11900 PENANG FOR A DISPOSAL PRICE OF RM25,500,000 |
Query Letter Contents | We refer to your Company’s announcement dated 30 June 2020 in respect of the aforesaid matter. In this connection, kindly furnish Bursa Securities with the following additional information for public release:-
Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.
Yours faithfully
LISTING REGULATION
Cc : Market Surveillance Dept., Securities Commission (via fax) |
Unless otherwise stated, the definitions used in this announcement shall carry the same meanings as defined in the announcement dated 30 June 2020 (“Announcement”).
Further to our Announcement, MUIB wishes to provide additional information in relation to the Proposed Disposal as follows:-
This announcement is dated 3 July 2020. |
Announcement Info
Company Name | MALAYAN UNITED INDUSTRIES BERHAD |
Stock Name | MUIIND |
Date Announced | 03 Jul 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-03072020-00009 |