OTHERS AmanahRaya Real Estate Investment Trust (ARREIT) Proposed Acquisition by CIMB Islamic Trustee Berhad, as Trustee of ARREIT of four storey office-cum-warehouse erected on a piece of freehold land held under individual title GRN 215122, Lot No. 61725, Bandar Glenmarie, Daerah Petaling, Negeri Selangor (collectively referred to as the Property) from Vila Armada Sdn. Bhd. (Company No. 878298-M) for a cash consideration of RM32,000,000.00 (Proposed Acquisition)
| Type | Announcement |
| Subject | OTHERS |
| Description | AmanahRaya Real Estate Investment Trust (ARREIT) Proposed Acquisition by CIMB Islamic Trustee Berhad, as Trustee of ARREIT of four storey office-cum-warehouse erected on a piece of freehold land held under individual title GRN 215122, Lot No. 61725, Bandar Glenmarie, Daerah Petaling, Negeri Selangor (collectively referred to as the Property) from Vila Armada Sdn. Bhd. (Company No. 878298-M) for a cash consideration of RM32,000,000.00 (Proposed Acquisition) |
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(Unless otherwise defined herein, the definition used in this announcement shall carry the same meaning as defined in the announcements dated 25 March 2016 in relation of the Proposed Acquisition)
On Behalf of the Board of Directors of ARRM, is pleased to announce that in accordance to the SPA, the Acquisition is completed today.
Simultaneously, the Tenancy Agreement dated 20 May 2016 will commence on this date.
This announcement is dated 20 May 2016. |
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