| ATRIUM REAL ESTATE INVESTMENT TRUST |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | ATRIUM REAL ESTATE INVESTMENT TRUST ("ATRIUM REIT")
ACQUISITION BY PACIFIC TRUSTEES BERHAD, ACTING AS THE TRUSTEE OF ATRIUM REIT, OF A LEASEHOLD LAND HELD UNDER TITLE NO. H.S.(D) 324738, PT -, TEMPAT INDUSTRIAL SITE AT BATU TIGA, MUKIM DAMANSARA, DAERAH PETALING, NEGERI SELANGOR DARUL EHSAN TOGETHER WITH ALL THE BUILDINGS AND STRUCTURES ERECTED THEREON ("SUBJECT PROPERTY") FROM A RELATED PARTY, AMAZING BLITZ SDN BHD, FOR A TOTAL CASH CONSIDERATION OF RM41.00 MILLION ("ACQUISITION") |
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We refer to the previous announcements and the circular to unitholders dated 16 January 2024 in relation to the Acquisition (“Circular”). Unless otherwise defined, the definitions set out in the Circular shall apply herein.
On behalf of the Board, UOBKH wishes to announce that the payment for the Balance Purchase Consideration totaling RM36.90 million has been effected and settled in full on 6 May 2024, hence marking the completion of the Acquisition.
This announcement is dated 7 May 2024. |
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| Company Name | ATRIUM REAL ESTATE INVESTMENT TRUST |
| Stock Name | ATRIUM |
| Date Announced | 07 May 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-07052024-00017 |