| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description |
SIME DARBY PROPERTY BERHAD ("SD PROPERTY" OR "COMPANY") PROPOSED ACQUISITION OF 3 PARCELS OF FREEHOLD LAND WITH A TOTAL NET LAND AREA MEASURING APPROXIMATELY 948.826 ACRES LOCATED IN MUKIM KAPAR, DISTRICT OF KLANG, SELANGOR ("KAPAR LAND") BY SIME DARBY PROPERTY (BUKIT TUNKU) SDN BHD ("SDPBT"), A WHOLLY-OWNED SUBSIDIARY OF SD PROPERTY, FROM SIME DARBY PLANTATION BERHAD ("SD PLANTATION" OR "VENDOR"), FOR A PURCHASE PRICE OF RM618.0 MILLION ("PROPOSED ACQUISITION") |
(Unless otherwise stated, all abbreviations used in this announcement shall have the same meanings as defined in the Company’s announcement dated 29 August 2022 in relation to the Proposed Acquisition)
On behalf of the Board of Directors of SD Property, Maybank Investment Bank Berhad wishes to announce that SDPBT had on 1 December 2022 entered into a conditional sale and purchase agreement with SD Plantation for the Proposed Acquisition.
Please refer to the attachment for further details on the Proposed Acquisition. This announcement is dated 1 December 2022.
Please refer attachment below.
| Company Name | SIME DARBY PROPERTY BERHAD |
| Stock Name | SIMEPROP |
| Date Announced | 01 Dec 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-01122022-00048 |
Attachments