The Board of UMW Holdings Berhad wishes to announce that its wholly-owned subsidiaries have today entered into 6 sale and purchase agreements with Strategic Sonata Sdn Bhd  (“SSSB”), a wholly-owned subsidiary of Mapletree Dextra Pte Ltd, for the proposed disposal of leasehold industrial land comprising 10 lots held under separate documents of title together with all remaining buildings, structures and plants measuring in total 38.803 acres to SSSB, for a total cash consideration of RM287,700,000.00.

Please refer to the attachment for details on the transaction.

This announcement is dated 30 November 2018.