OTHERS AmanahRaya Real Estate Investment Trust (ARREIT) Proposed Acquisition by CIMB Islamic Trustee Berhad, as Trustee of ARREIT of four storey purpose-built office building with one basement level erected on a piece of freehold land held under individual title HSD 7061 Lot PT 12072 in Mukim Dengkil, Daerah Sepang, Negeri Selangor ("Property") from Cyberview Sdn Bhd (Company No. 405553-T) and Setia Haruman Sdn Bhd. (Company No. 425145-U) for a cash consideration of RM40,000,000.00.
| 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 purpose-built office building with one basement level erected on a piece of freehold land held under individual title HSD 7061 Lot PT 12072 in Mukim Dengkil, Daerah Sepang, Negeri Selangor ("Property") from Cyberview Sdn Bhd (Company No. 405553-T) and Setia Haruman Sdn Bhd. (Company No. 425145-U) for a cash consideration of RM40,000,000.00. |
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The Board of Directors of AmanahRaya-REIT Managers Sdn. Bhd. ("ARRM" or "Manager"), the Management Company of ARREIT wishes to announce that on 16 June 2016, CIMB Islamic Trustee Berhad ("Trustee" or "Purchaser" or "Landlord") as Trustee of ARREIT has entered into a Sale and Purchase Agreement ("SPA") with Cyberview Sdn Bhd ("Proprietor") (Company No. 405553-T) and Setia Haruman Sdn Bhd. ("Developer") (Company No. 425145-U) to acquire the Property (as defined hereafter) for a purchase price of RM40,000,000.00 ("Purchase Price").
This announcement is dated 16 June 2016. |
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