AME

1.570

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS AME ELITE CONSORTIUM BERHAD ("AME ELITE") DISPOSALS OF 4 INDUSTRIAL PROPERTIES BY THE SUBSIDIARIES OF AME ELITE TO RHB TRUSTEES BERHAD, BEING THE TRUSTEE OF AME REAL ESTATE INVESTMENT TRUST, FOR A TOTAL CASH CONSIDERATION OF RM119,450,000 ("DISPOSALS")

AME ELITE CONSORTIUM BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
AME ELITE CONSORTIUM BERHAD ("AME ELITE")

DISPOSALS OF 4 INDUSTRIAL PROPERTIES BY THE SUBSIDIARIES OF AME ELITE TO RHB TRUSTEES BERHAD, BEING THE TRUSTEE OF AME REAL ESTATE INVESTMENT TRUST, FOR A TOTAL CASH CONSIDERATION OF RM119,450,000 ("DISPOSALS")

Reference is made to the announcements dated 24 July 2024, 16 October 2024, 17 October 2024, 7 November 2024, 12 February 2025, 3 March 2025, 25 March 2025, 9 July 2025, 10 July 2025, 23 October 2025, 16 December 2025 and the circular to the shareholders of AME Elite dated 17 October 2024 in relation to the Disposals (“Circular”). Unless otherwise stated, words and phrases used in this announcement shall have the same meaning as defined in the Circular.


The Board wishes to announce that, following the receipt of the balance disposal consideration of RM19,600,000 for the disposal of i-Park SAC 60 & 61 by Ipark Development, the i-Park SAC 60 & 61 SPA has been completed today, in accordance with its respective terms and conditions.

 


This announcement is dated 17 December 2025.






Announcement Info

Company Name AME ELITE CONSORTIUM BERHAD
Stock Name AME
Date Announced 17 Dec 2025
Category General Announcement for PLC
Reference Number GA1-15122025-00045