| ATRIUM REAL ESTATE INVESTMENT TRUST |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | ATRIUM REAL ESTATE INVESTMENT TRUST ("ATRIUM REIT")
PROPOSED ACQUISITION BY PACIFIC TRUSTEES BERHAD ON BEHALF OF ATRIUM REIT OF PARCELS OF LAND WITH BUILDING(S) ERECTED THEREON HELD UNDER GERAN H.S. (D) 172494 AND GERAN H.S. (D) 167421, TOWN OF SHAH ALAM, MUKIM OF DAMANSARA, DISTRICT OF PETALING AND STATE OF SELANGOR DARUL EHSAN ("PROPERTY") FROM PERMODALAN NASIONAL BERHAD ("PNB" OR "THE VENDOR") FOR A CASH CONSIDERATION OF RM45.0 MILLION ("PROPOSED ACQUISITION") |
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We refer to the previous announcements dated 2 July 2019, 27 December 2019 and 2 January 2020 in respect of the Proposed Acquisition.
The Board of Directors of Atrium REIT Managers Sdn Bhd (“Manager”), the Manager of Atrium REIT, wishes to announce that Pacific Trustees Berhad, as trustee for Atrium REIT (“Purchaser”), and the Vendor have mutually agreed to further extend the Cut-Off Period to 31 October 2020 for the Purchaser to fulfil the outstanding condition precedent to obtain the Economic Planning Unit’s approval pursuant to Clause 3.1(b)(i) as set out in the Sale and Purchase Agreement.
This announcement is dated 9 October 2020. |
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| Company Name | ATRIUM REAL ESTATE INVESTMENT TRUST |
| Stock Name | ATRIUM |
| Date Announced | 09 Oct 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-02102020-00017 |