OTHERS HEADS OF AGREEMENT (HOA) IN RELATION TO THE PROPOSED ACQUISITION OF SEVENTY-TWO (72) FREEHOLD INDUSTRIAL PLOTS MEASURING APPROXIMATELY 169.8 ACRES IN PHASE 3, SOUTHERN INDUSTRIAL & LOGISTICS CLUSTERS (SiLC) IN ISKANDAR PUTERI, JOHOR FOR A TOTAL PURCHASE CONSIDERATION OF APPROXIMATELY RM434.3 MILLION
| AME ELITE CONSORTIUM BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | HEADS OF AGREEMENT (HOA) IN RELATION TO THE PROPOSED ACQUISITION OF SEVENTY-TWO (72) FREEHOLD INDUSTRIAL PLOTS MEASURING APPROXIMATELY 169.8 ACRES IN PHASE 3, SOUTHERN INDUSTRIAL & LOGISTICS CLUSTERS (SiLC) IN ISKANDAR PUTERI, JOHOR FOR A TOTAL PURCHASE CONSIDERATION OF APPROXIMATELY RM434.3 MILLION |
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Unless otherwise defined, all terms used in this announcement shall have the same meaning as defined in the announcement dated 9 October 2020 in relation to the Signed HOA.
The Board of AME wishes to announce that Pentagon, Greenhill, UEM and NHSB (collectively as the "Parties") had mutually agreed to extend the validity period of the Signed HOA for another thirty (30) days from 8 November 2020 to 7 December 2020. The Company will make further announcement(s) on any material development in due course. This announcement is dated 6 November 2020. |
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Announcement Info
| Company Name | AME ELITE CONSORTIUM BERHAD |
| Stock Name | AME |
| Date Announced | 06 Nov 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-06112020-00078 |