TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS - General Announcement - Malaysia Data

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General Announcement

12/04/2011

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS

AMCORP PROPERTIES BERHAD

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	AMCORP PROPERTIES BERHAD (FORMERLY KNOWN AS AMDB BERHAD) (AMPROP) - PROPOSED DISPOSAL BY AMCORP INDUSTRIAL CITY SDN BHD (FORMERLY KNOWN AS AMDB INDUSTRIAL CITY SDN BHD), A WHOLLY-OWNED SUB-SUBSIDIARY OF AMPROP, OF A PARCEL OF LEASEHOLD LAND LOCATED IN THE MUKIM OF LABU, DISTRICT OF SEPANG, STATE OF SELANGOR
The Board of Directors of AMPROP wishes to announce that Amcorp Industrial City Sdn Bhd (formerly known as AMDB Industrial City Sdn Bhd) (AMIC), a wholly-owned sub-subsidiary of AMPROP, had on 12 April 2011 entered into a conditional Sale and Purchase Agreement (SPA) with Premier Land Resources Sdn Bhd (Company No. 819201-D) (PLR) for the proposed disposal of a parcel of leasehold agriculture land held under PN 89668, Lot 8590, Mukim of Labu, District of Sepang, State of Selangor measuring approximately 521.1 hectares (1,287.67 acres) (Land) for a total cash consideration of RM122,328,650 (Proposed Disposal). Further details on the Proposed Disposal are set out in the attachment below. This announcement is dated 12 April 2011.

Attachments

AMPROP-Proposed Disposal of Land.pdf
212 KB

Announcement Info

Company Name	AMCORP PROPERTIES BERHAD
Stock Name	AMPROP
Date Announced	12 Apr 2011
Category	General Announcement
Reference No	AP-110407-57663

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