TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SYMPHONY LIFE BERHAD ("SYMLIFE" OR "COMPANY") PROPOSED DISPOSAL OF LANDS
SYMPHONY LIFE BERHAD |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
Description | SYMPHONY LIFE BERHAD ("SYMLIFE" OR "COMPANY") PROPOSED DISPOSAL OF LANDS |
We refer to the announcement dated 13 October 2020 in relation to the Proposed Disposal.
On behalf of the Board of Directors of SymLife, Affin Hwang Investment Bank Berhad wishes to announce that Prestige Capital Sdn Bhd (“Prestige Capital” or “Vendor”), a wholly-owned subsidiary of SymLife, had on 3 December 2020, entered into two (2) conditional sale and purchase agreements with Fantastic Starhill Sdn Bhd (“FSSB” or “Purchaser”) for the proposed disposal of six (6) parcels of industrial development land measuring approximately 397.30 acres (17,305,138 square feet), identified as Lots PT 12269 to PT 12274, all located within Mukim and District of Ulu Langat, Selangor Darul Ehsan for a total cash consideration of RM250.00 million. Please refer to the attachment for further details.
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Please refer attachment below.
Announcement Info
Company Name | SYMPHONY LIFE BERHAD |
Stock Name | SYMLIFE |
Date Announced | 04 Dec 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-03122020-00056 |