General Announcement for PLC

09/10/2020

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

The Board of Directors of AME wishes to announce that its wholly-owned subsidiaries, Pentagon Land Sdn Bhd (“Pentagon”) and Greenhill SILC Sdn Bhd (“Greenhill”) have today entered into two separate HOAs with UEM Land Berhad (“UEM”) and Nusajaya Heights Sdn Bhd (“NHSB”), both being the subsidiaries of UEM Sunrise Berhad (“UEMS”).

Please refer to the full announcement as attached.

This announcement is dated 9 October 2020.


Please refer attachment below.


Announcement Info

Company Name AME ELITE CONSORTIUM BERHAD
Stock Name AME
Date Announced 09 Oct 2020
Category General Announcement for PLC
Reference Number GA1-09102020-00069


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