AMPROP refers to the article published in THE EDGE Weekly titled AmProp adds Tokyo to global portfolio dated 13 April 2015 in particular the following statements:
1. Amcorp Properties Bhd (AmProp) is expected to announce soon its first property investment and development in Tokyo
2. According to group managing director Ben Lee, AmProp and its joint-venture (JV) partners in Japan are finalising the deal to acquire a serviced apartment block in the stylish and affluent neighbourhood of Shibuya in central Tokyo, which will be refurbished into a prime residential complex. The apartment block is called Forest Nanpeidai
AMPROP wishes to clarify that the property, Forest Nanpeidai was acquired in January 2015 by a special purpose vehicle set-up pursuant to the Co-Investment Agreement entered by AMPROP through its wholly-owned subsidiary, Amcorp Far East Limited with Grosvenor Asia Pacific Limited, NRJ Investment Limited and True Lead Investment Limited. The execution of the Co-Investment Agreement was announced by AMPROP on 17 April 2014.
This announcement is dated 13 April 2015.