SIMEPROP

1.310

+0.02 (+1.6%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS SIME DARBY PROPERTY BERHAD ("SIME DARBY PROPERTY" OR THE "COMPANY") PROPOSED ACQUISITION OF TWO PARCELS OF FREEHOLD LAND WITH A TOTAL LAND AREA MEASURING APPROXIMATELY 556.96 ACRES LOCATED IN MUKIM OF SENAI, DISTRICT OF KULAI, STATE OF JOHOR ("KULAI LAND") BY SIME DARBY PROPERTY (KULAI) SDN BHD, A WHOLLY OWNED SUBSIDIARY OF SIME DARBY PROPERTY, FROM SD GUTHRIE BERHAD FOR A TOTAL CASH CONSIDERATION OF RM418.5 MILLION

SIME DARBY PROPERTY BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description 
SIME DARBY PROPERTY BERHAD ("SIME DARBY PROPERTY" OR THE "COMPANY")

PROPOSED ACQUISITION OF TWO PARCELS OF FREEHOLD LAND WITH A TOTAL LAND AREA MEASURING APPROXIMATELY 556.96 ACRES LOCATED IN MUKIM OF SENAI, DISTRICT OF KULAI, STATE OF JOHOR ("KULAI LAND") BY SIME DARBY PROPERTY (KULAI) SDN BHD, A WHOLLY OWNED SUBSIDIARY OF SIME DARBY PROPERTY, FROM SD GUTHRIE BERHAD FOR A TOTAL CASH CONSIDERATION OF RM418.5 MILLION

Unless otherwise defined, the abbreviations and definitions used in the announcement dated 11 August 2026 ("Announcement") shall apply herein.

 

We refer to the Announcement in relation to the Proposed Acquisition.

 

On behalf of the Board, RHB Investment Bank wishes to announce that we have submitted the valuation report for the Kulai Land dated 5 August 2026, prepared by Jones Lang Wootton (Proprietor: Singham Sulaiman Sdn Bhd), to Bursa Securities for the Proposed Acquisition.

 

This announcement is dated 11 August 2026.



Announcement Info

Company Name SIME DARBY PROPERTY BERHAD
Stock Name SIMEPROP
Date Announced 11 Aug 2026
Category General Announcement for PLC
Reference Number GA1-05082026-00016


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