| 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 announcements dated 29 August 2022 and 1 December 2022, and the Company’s Circular dated 9 May 2023 in relation to the Proposed Acquisition)
We refer to the Company’s announcements dated 29 August 2022 and 1 December 2022, and the Company’s Circular dated 9 May 2023 in relation to the Proposed Acquisition.
On behalf of the Board of Directors of SD Property, Maybank Investment Bank wishes to announce that the Proposed Acquisition has been completed today following the completion of the 3 items as stipulated in Section 6 of Appendix I of the Circular.
This announcement is dated 23 August 2023.
| Company Name | SIME DARBY PROPERTY BERHAD |
| Stock Name | SIMEPROP |
| Date Announced | 23 Aug 2023 |
| Category | General Announcement for PLC |
| Reference Number | GA1-23082023-00061 |