OTHERS PROPOSED ACQUISITION BY AmFIRST REIT OF ALL THOSE SIX (6) PIECES OF LAND HELD UNDER GM 136, GRN 1929, GM 929, GM 338, GM 342 AND HSM 1158, LOT NOS. 850, 1186, 1511, 1611, 1619 AND 3424 RESPECTIVELY, IN THE MUKIM 06, DISTRICT OF SEBERANG PERAI TENGAH, STATE OF PULAU PINANG (LANDS) TOGETHER WITH A THREE (3) STOREY HYPERMALL BUILDING IDENTIFIED AS MYDIN HYPERMALL FOR A CASH CONSIDERATION OF RM250,000,000.00 FROM MYDIN WHOLESALE CASH AND CARRY SDN BHD (COMPANY NO. 275715-K) ("PROPOSED ACQUISITION")
AMFIRST REAL ESTATE INVESTMENT TRUST
Type
Announcement
Subject
OTHERS
Description
PROPOSED ACQUISITION BY AmFIRST REIT OF ALL THOSE SIX (6) PIECES OF LAND HELD UNDER GM 136, GRN 1929, GM 929, GM 338, GM 342 AND HSM 1158, LOT NOS. 850, 1186, 1511, 1611, 1619 AND 3424 RESPECTIVELY, IN THE MUKIM 06, DISTRICT OF SEBERANG PERAI TENGAH, STATE OF PULAU PINANG (LANDS) TOGETHER WITH A THREE (3) STOREY HYPERMALL BUILDING IDENTIFIED AS MYDIN HYPERMALL FOR A CASH CONSIDERATION OF RM250,000,000.00 FROM MYDIN WHOLESALE CASH AND CARRY SDN BHD (COMPANY NO. 275715-K) ("PROPOSED ACQUISITION")
Pursuant to the announcement made on 15 April 2015 on the Proposed Acquisition, Am ARA REIT Managers Sdn Bhd, the Manager for AmFIRST REIT, is pleased to announce that the Proposed Acquisition has been completed on 29 January 2016.