TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS 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
MALAYAN UNITED INDUSTRIES BERHAD |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
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 |
Unless otherwise stated, the definitions used in this announcement shall carry the same meanings as defined in the announcements dated 30 June 2020 and 3 July 2020 (“Announcements”).
Further to our Announcements, MUIB wishes to announce that the Proposed Disposal has been completed on 21 October 2020 in accordance with the terms of the SPA.
This announcement is dated 22 October 2020. |
Announcement Info
Company Name | MALAYAN UNITED INDUSTRIES BERHAD |
Stock Name | MUIIND |
Date Announced | 22 Oct 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-22102020-00110 |