Bursa Announcements
Date : 15 June 2009

ACQUISITION OF PREMISES KNOWN AS 15TH & 16TH FLOOR, MENARA SUMMIT, PERSIARAN KEWAJIPAN USJ 1, UEP SUBANG JAYA, SELANGOR FROM SALCON RESOURCES SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM 7,500,000.

AMFIRST REAL ESTATE INVESTMENT TRUST

TypeAnnouncement
SubjectACQUISITION OF PREMISES KNOWN AS 15TH & 16TH FLOOR, MENARA SUMMIT, PERSIARAN KEWAJIPAN USJ 1, UEP SUBANG JAYA, SELANGOR FROM SALCON RESOURCES SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM 7,500,000.
ContentsCOMPLETION OF THE ACQUISITION BY AMFIRST REAL ESTATE INVESTMENT TRUST (“AMFIRST REIT”) OF ALL THAT PREMISES KNOWN AS 15TH FLOOR, MENARA SUMMIT, PERSIARAN KEWAJIPAN USJ 1, UEP SUBANG JAYA, SELANGOR MEASURING APPROXIMATELY 12,055.58 SQUARE FEET ON THAT FREEHOLD LAND HELD UNDER GERAN 43528/M1-A/18/552, LOT 14 TOWN OF SUBANG JAYA, DISTRICT OF PETALING AND STATE OF SELANGOR DARUL EHSAN (THE “PROPERTY”) FROM SALCON RESOURCES SDN BHD (COMPANY NO. 24494-T) FOR A TOTAL LUMP SUM CASH CONSIDERATION OF RM 3,750,000.00 ; AND

COMPLETION OF THE ACQUISITION BY AMFIRST REAL ESTATE INVESTMENT TRUST (“AMFIRST REIT”) OF ALL THAT PREMISES KNOWN AS 16TH FLOOR, MENARA SUMMIT, PERSIARAN KEWAJIPAN USJ 1, UEP SUBANG JAYA, SELANGOR MEASURING APPROXIMATELY 12,055.58 SQUARE FEET ON THAT FREEHOLD LAND HELD UNDER GERAN 43528/M1-A/19/553, LOT 14 TOWN OF SUBANG JAYA, DISTRICT OF PETALING AND STATE OF SELANGOR DARUL EHSAN (THE “PROPERTY”) FROM SALCON RESOURCES SDN BHD (COMPANY NO. 24494-T) FOR A TOTAL LUMP SUM CASH CONSIDERATION OF RM 3,750,000.00

(collectively, “PROPOSED ACQUISITION OF THE PROPERTIES”)

Pursuant to the announcement made on 19 January 2009 on the Proposed Acquisition of the Properties, Am ARA REIT Managers Sdn Bhd, the management company of AmFirst REIT, is pleased to announce that the Proposed Acquisition of the Properties was completed on 15 June 2009 in accordance with the terms and conditions stipulated in the Sale and Purchase Agreements, both dated 19 January 2009 between Salcon Resources Sdn Bhd and Mayban Trustees Berhad as trustee for AmFirst REIT.



This announcement is dated 15 June 2009.



Announcement Info

Company NameAMFIRST REAL ESTATE INVESTMENT TRUST  
Stock Name AMFIRST    
Date Announced15 Jun 2009  
CategoryGeneral Announcement
Reference NoAR--090615-D2025

Back