OTHERS MUI PROPERTIES BERHAD ("MUIP" or the "Company") VARIATION TO THE UTILISATION OF PROCEEDS PURSUANT TO THE DISPOSAL OF 4 CONTIGUOUS PARCELS OF LAND LOCATED WITHIN SPRINGHILL INDUSTRIAL PARK, BANDAR SPRINGHILL, NEGERI SEMBILAN BY WEST SYNERGY SDN BHD (A 60%-OWNED INDIRECT SUBSIDIARY OF MUIP), TO GAMUDA DC INFRASTRUCTURE SDN BHD (A WHOLLY-OWNED INDIRECT SUBSIDIARY OF GAMUDA BERHAD), FOR A TOTAL CASH CONSIDERATION OF RM424,428,055 ("DISPOSAL")
| MUI PROPERTIES BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | MUI PROPERTIES BERHAD ("MUIP" or the "Company")
VARIATION TO THE UTILISATION OF PROCEEDS PURSUANT TO THE DISPOSAL OF 4 CONTIGUOUS PARCELS OF LAND LOCATED WITHIN SPRINGHILL INDUSTRIAL PARK, BANDAR SPRINGHILL, NEGERI SEMBILAN BY WEST SYNERGY SDN BHD (A 60%-OWNED INDIRECT SUBSIDIARY OF MUIP), TO GAMUDA DC INFRASTRUCTURE SDN BHD (A WHOLLY-OWNED INDIRECT SUBSIDIARY OF GAMUDA BERHAD), FOR A TOTAL CASH CONSIDERATION OF RM424,428,055 ("DISPOSAL") |
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Reference is made to the announcements made on 30 December 2024, 7 May 2025, 4 July 2025 and 13 August 2025 in relation to the Disposal (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.
Pursuant to Paragraph 9.19 of the Listing Requirements, MUIP wishes to announce that the Board had on 14 August 2025 resolved to vary the purpose of the unutilised balance of the Disposal Consideration as set out in the attachment (“Variation”).
This announcement is dated 14 August 2025. |
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Please refer attachment below.
Announcement Info
| Company Name | MUI PROPERTIES BERHAD |
| Stock Name | MUIPROP |
| Date Announced | 14 Aug 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-14082025-00045 |