SYMLIFE

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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.


This announcement is dated 4 December 2020.




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