TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS MUI PROPERTIES BERHAD ("MUIP" OR "COMPANY") DISPOSAL BY WEST SYNERGY SDN BHD (A 60%-OWNED INDIRECT SUBSIDIARY OF MUIP) OF 4 CONTIGUOUS PARCELS OF LAND LOCATED WITHIN SPRINGHILL INDUSTRIAL PARK, BANDAR SPRINGHILL, NEGERI SEMBILAN, TO GAMUDA DC INFRASTRUCTURE SDN BHD (A WHOLLY-OWNED INDIRECT SUBSIDIARY OF GAMUDA BERHAD), FOR A TOTAL DISPOSAL CONSIDERATION OF RM424,428,055 TO BE SATISFIED ENTIRELY IN CASH ("DISPOSAL")
| MUI PROPERTIES BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | MUI PROPERTIES BERHAD ("MUIP" OR "COMPANY")
DISPOSAL BY WEST SYNERGY SDN BHD (A 60%-OWNED INDIRECT SUBSIDIARY OF MUIP) OF 4 CONTIGUOUS PARCELS OF LAND LOCATED WITHIN SPRINGHILL INDUSTRIAL PARK, BANDAR SPRINGHILL, NEGERI SEMBILAN, TO GAMUDA DC INFRASTRUCTURE SDN BHD (A WHOLLY-OWNED INDIRECT SUBSIDIARY OF GAMUDA BERHAD), FOR A TOTAL DISPOSAL CONSIDERATION OF RM424,428,055 TO BE SATISFIED ENTIRELY IN CASH ("DISPOSAL") |
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We refer to the announcements dated 30 December 2024, 7 May 2025 and 4 July 2025 in relation to the Disposal (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.
On behalf of the Board, TA Securities wishes to announce that the Disposal has been completed on 13 August 2025, following the fulfilment of the Conditions Precedent and in accordance with the terms and conditions as set out in the SPA.
This announcement is dated 13 August 2025. |
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Announcement Info
| Company Name | MUI PROPERTIES BERHAD |
| Stock Name | MUIPROP |
| Date Announced | 13 Aug 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-13082025-00036 |