TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SENTRAL REIT ("SENTRAL") PROPOSED ACQUISITION OF THIRTY EIGHT (38) STRATIFIED RETAIL UNITS AND ONE THOUSAND FOUR HUNDRED AND THIRTY TWO (1,432) CAR PARK BAYS AS PART OF ARCORIS PLAZA DEVELOPMENT BY MAYBANK TRUSTEES BERHAD, ACTING SOLELY IN THE CAPACITY AS TRUSTEE FOR SENTRAL ("TRUSTEE"), FROM ARCORIS SDN BHD ("REGISTERED PROPRIETOR") AND SUN VICTORY SDN BHD ("VENDOR") FOR A PURCHASE CONSIDERATION OF RM70.0 MILLION TO BE SATISFIED ENTIRELY IN CASH ("PROPOSED ACQUISITION")
| SENTRAL REIT |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | SENTRAL REIT ("SENTRAL")
PROPOSED ACQUISITION OF THIRTY EIGHT (38) STRATIFIED RETAIL UNITS AND ONE THOUSAND FOUR HUNDRED AND THIRTY TWO (1,432) CAR PARK BAYS AS PART OF ARCORIS PLAZA DEVELOPMENT BY MAYBANK TRUSTEES BERHAD, ACTING SOLELY IN THE CAPACITY AS TRUSTEE FOR SENTRAL ("TRUSTEE"), FROM ARCORIS SDN BHD ("REGISTERED PROPRIETOR") AND SUN VICTORY SDN BHD ("VENDOR") FOR A PURCHASE CONSIDERATION OF RM70.0 MILLION TO BE SATISFIED ENTIRELY IN CASH ("PROPOSED ACQUISITION") |
|
Unless otherwise stated, defined terms as set out in the announcements dated 27 May 2025 and 2 October 2025 in relation to the Proposed Acquisition shall apply herein.
The Board of Directors of Sentral REIT Management Sdn Bhd, the management company of SENTRAL (“Manager”), wishes to announce that the Proposed Acquisition has been completed today following the settlement of the Balance Purchase Consideration.
This announcement is dated 30 December 2025. |
|
Announcement Info
| Company Name | SENTRAL REIT |
| Stock Name | SENTRAL |
| Date Announced | 30 Dec 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-30122025-00044 |