UEMS

1.170

+0.02 (+1.7%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS UEM SUNRISE BERHAD ("UEM SUNRISE" OR "COMPANY") (I) SALE AND PURCHASE AGREEMENT ("SPA") BETWEEN NUSAJAYA HEIGHTS SDN BHD ("NHSB") AND SUN SAKURA SDN BHD ("SSSB") FOR THE SALE OF 538 SUBDIVIDED PLOTS IN MUKIM PULAI, DISTRICT OF JOHOR BAHRU SIGNED ON 19 MAY 2023 ("ISKANDAR SPA 1"); AND (II) SPA BETWEEN NHSB AND PHOENIX LEGACY SDN BHD ("PLSB") FOR THE SALE OF HS(D) 358840 PTD 124159 IN MUKIM PULAI, DISTRICT OF JOHOR BAHRU SIGNED ON 19 MAY 2023 ("ISKANDAR SPA 2").

UEM SUNRISE BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
UEM SUNRISE BERHAD ("UEM SUNRISE" OR "COMPANY")
(I) SALE AND PURCHASE AGREEMENT ("SPA") BETWEEN NUSAJAYA HEIGHTS SDN BHD ("NHSB") AND SUN SAKURA SDN BHD ("SSSB") FOR THE SALE OF 538 SUBDIVIDED PLOTS IN MUKIM PULAI, DISTRICT OF JOHOR BAHRU SIGNED ON 19 MAY 2023 ("ISKANDAR SPA 1"); AND
(II) SPA BETWEEN NHSB AND PHOENIX LEGACY SDN BHD ("PLSB") FOR THE SALE OF HS(D) 358840 PTD 124159 IN MUKIM PULAI, DISTRICT OF JOHOR BAHRU SIGNED ON 19 MAY 2023 ("ISKANDAR SPA 2").

The Company’s announcement dated 11 September 2023 refers. Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the previous announcement.

 

In relation to Iskandar SPA 1 and Iskandar SPA 2, the Company wishes to announce that SSSB and PLSB have requested for a variation of terms for Iskandar SPA 1 and Iskandar SPA 2, and the parties are currently in discussions on the same.

 

This announcement is dated 20 February 2024.






Announcement Info

Company Name UEM SUNRISE BERHAD
Stock Name UEMS
Date Announced 20 Feb 2024
Category General Announcement for PLC
Reference Number GA1-20022024-00080