General Announcement for PLC

07/08/2019

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS AMCORP PROPERTIES BERHAD ("AMPROP") - CO-INVESTMENT AGREEMENT IN RELATION TO DANING PARTNERS LIMITED TO ACQUIRE AN INTEREST IN 4 BLOCKS OF OFFICE BUILDING IN DANING INTERNATIONAL COMMERCIAL PLAZA, SHANGHAI

AMCORP PROPERTIES BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description 
AMCORP PROPERTIES BERHAD ("AMPROP")
- CO-INVESTMENT AGREEMENT IN RELATION TO DANING PARTNERS LIMITED TO ACQUIRE AN INTEREST IN 4 BLOCKS OF OFFICE BUILDING IN DANING INTERNATIONAL COMMERCIAL PLAZA, SHANGHAI

The Board of Directors of AMPROP wishes to announce that AMPROP had today received confirmation from the solicitors in Hong Kong that Amcorp Dynamic Limited, an indirect wholly-owned subsidiary of AMPROP, had on 6 August 2019 entered into a co-investment agreement with Chelsfield Asia Fund 1, Limited Partnership, KHI Overseas Limited and JRN Holdings Ltd in relation to the  joint venture company known as Daning Partners Limited to acquire an interest in 4 blocks of office building in Daning International Commercial Plaza located at No. 1868, 1898, 1968 and 1988, Gonghexin Road, Jing’an District, Shanghai, People’s Republic of China ("Co-Investment").

 

Further details on the Co-Investment are set out in the attachment.

 

This announcement is dated 7 August 2019. 


Please refer attachment below.


Announcement Info

Company Name AMCORP PROPERTIES BERHAD
Stock Name AMPROP
Date Announced 07 Aug 2019
Category General Announcement for PLC
Reference Number GA1-06082019-00074


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