TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): RELATED PARTY TRANSACTIONS RCE CAPITAL BERHAD (“RCE”) - DISPOSAL OF UNITS IN AMFIRST REAL ESTATE INVESTMENT TRUST ("AMFIRST REIT")
| RCE CAPITAL BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | RCE CAPITAL BERHAD (“RCE”) - DISPOSAL OF UNITS IN AMFIRST REAL ESTATE INVESTMENT TRUST ("AMFIRST REIT") |
Pursuant to Paragraph 10.08(1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad , RCE wishes to announce that its wholly-owned subsidiary, RCE Synergy Sdn Bhd had on 1 November 2011 disposed of 9,335,226 units in AmFirst REIT, representing approximately 2.18% in AmFirst REIT to AmInvestment Bank Berhad for a total cash consideration of RM10,735,510, equivalent to RM1.15 per unit (“Disposal”). Further details on the Disposal are set out in the attachment herein. This announcement is dated 1 November 2011. | |
Announcement Info
| Company Name | RCE CAPITAL BERHAD |
| Stock Name | RCECAP |
| Date Announced | 1 Nov 2011 |
| Category | General Announcement |
| Reference No | RC-111101-60046 |