UMC

0.300

-0.005 (-1.6%)

OTHERS UMEDIC GROUP BERHAD ("UMC" OR "COMPANY") PROPOSED LEASE OF LAND

UMEDIC GROUP BERHAD

Type Announcement
Subject OTHERS
Description
UMEDIC GROUP BERHAD ("UMC" OR "COMPANY")
PROPOSED LEASE OF LAND

​The Board of Directors of UMediC Group Berhad (“Board”) wishes to announce that UWHM Sdn Bhd (“UWHM” or “Lessee”), a wholly-owned subsidiary of UMC, had on 30th January 2026 entered into a conditional Lease Agreement (“Agreement”) with the Penang Development Corporation (“PDC” or “Lessor”) for the proposed lease of all that piece of land measuring approximately 3.06 acres known as Plot 5, located at Batu Kawan Industrial Park 3, Mukim 14, Daerah Seberang Perai Selatan, Pulau Pinang (“Land”) over a term of sixty (60) years for a total consideration of RM12,236,352.49 (comprising the lease consideration of RM11,329,956.00 and 8% sales and service tax (“SST”) of RM906,396.49) to be satisfied entirely by cash (“Lease Consideration”) (“Proposed Lease”).

 

Please refer to the attached document for further details.

 

This announcement is dated 30 January 2026.

                                                                                                           




Please refer attachment below.

Attachments

UMC- Lease of Land.pdf
301.9 kB



Announcement Info

Company Name UMEDIC GROUP BERHAD
Stock Name UMC
Date Announced 30 Jan 2026
Category General Announcement for PLC
Reference Number GA1-30012026-00009