IGBREIT

2.980

-0.01 (-0.3%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS IGB REAL ESTATE INVESTMENT TRUST ("IGB REIT") PROPOSED ACQUISITION BY MTRUSTEE BERHAD, ACTING AS THE TRUSTEE FOR AND ON BEHALF OF IGB REIT ("TRUSTEE"), OF THE MALL, MID VALLEY SOUTHKEY, JOHOR TOGETHER WITH THE RELATED ASSETS AND RIGHTS FROM SOUTHKEY MEGAMALL SDN BHD ("SMSB") FOR A PURCHASE CONSIDERATION OF RM2.65 BILLION ("PROPOSED ACQUISITION")

IGB REAL ESTATE INVESTMENT TRUST

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
IGB REAL ESTATE INVESTMENT TRUST ("IGB REIT")

PROPOSED ACQUISITION BY MTRUSTEE BERHAD, ACTING AS THE TRUSTEE FOR AND ON BEHALF OF IGB REIT ("TRUSTEE"), OF THE MALL, MID VALLEY SOUTHKEY, JOHOR TOGETHER WITH THE RELATED ASSETS AND RIGHTS FROM SOUTHKEY MEGAMALL SDN BHD ("SMSB") FOR A PURCHASE CONSIDERATION OF RM2.65 BILLION ("PROPOSED ACQUISITION")
On behalf of the board of directors of IGB REIT Management Sdn Bhd, the management company of IGB REIT, Maybank Investment Bank Berhad and Hong Leong Investment Bank wish to announce that the Trustee had, on 24 June 2025, entered into a conditional sale and purchase agreement with SMSB for the Proposed Acquisition.

Please refer to the attachment for details on the Proposed Acquisition.

This announcement is dated 24 June 2025.



Please refer attachment below.



Announcement Info

Company Name IGB REAL ESTATE INVESTMENT TRUST
Stock Name IGBREIT
Date Announced 24 Jun 2025
Category General Announcement for PLC
Reference Number GA1-23062025-00037