AME

2.120

-0.08 (-3.6%)

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

Unless otherwise defined, all terms used in this announcement shall have the same meanings as defined in the announcements dated 9 October 2020 and 6 November 2020 in relation to the Signed HOA.

The Board of AME wishes to announce that the Parties have mutually agreed to extend the validity period of the Signed HOA from 8 December 2020 to 31 December 2020. The Parties are finalising the remaining provisions of the Definitive Agreements.

This announcement is dated 7 December 2020.






Announcement Info

Company Name AME ELITE CONSORTIUM BERHAD
Stock Name AME
Date Announced 07 Dec 2020
Category General Announcement for PLC
Reference Number GA1-07122020-00066