TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS UOA DEVELOPMENT BHD ("UOA DEVELOPMENT" OR "THE COMPANY") PROPOSED DISPOSAL OF UOA CORPORATE TOWER (AS DEFINED BELOW) BY DISTINCTIVE ACRES SDN. BHD. ("DISTINCTIVE ACRES" OR "VENDOR") TO RHB TRUSTEES BERHAD, ON BEHALF OF UOA REAL ESTATE INVESTMENT TRUST FOR A CASH CONSIDERATION OF RM700.0 MILLION ("PROPOSED DISPOSAL")
| UOA DEVELOPMENT BHD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | UOA DEVELOPMENT BHD ("UOA DEVELOPMENT" OR "THE COMPANY")
PROPOSED DISPOSAL OF UOA CORPORATE TOWER (AS DEFINED BELOW) BY DISTINCTIVE ACRES SDN. BHD. ("DISTINCTIVE ACRES" OR "VENDOR") TO RHB TRUSTEES BERHAD, ON BEHALF OF UOA REAL ESTATE INVESTMENT TRUST FOR A CASH CONSIDERATION OF RM700.0 MILLION ("PROPOSED DISPOSAL") |
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Unless otherwise defined, the abbreviations and definitions used in the announcements dated 28 September 2020, 29 September 2020 and 30 October 2020 ("Announcements") and the circular dated 25 November 2020 in relation to the Proposed Disposal shall apply herein.
We refer to the Announcements in relation to the Disposal.
The Board of Directors wishes to announce that the Disposal has been completed today in accordance with the terms and conditions of the SPA.
This announcement is dated 30 December 2020. |
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Announcement Info
| Company Name | UOA DEVELOPMENT BHD |
| Stock Name | UOADEV |
| Date Announced | 30 Dec 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-30122020-00031 |