MUIIND

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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