Bursa Announcements

Date : 04 November 2014

OTHERS DISPOSAL OF PROPERTY KNOWN AS ATRIUM RAWANG BY ATRIUM REIT HELD UNDER GERAN 205542, LOT 19007, SECTION 20, BANDAR RAWANG, DISTRICT OF GOMBAK, STATE OF SELANGOR DARUL EHSAN COMPRISING A DOUBLE STOREY OFFICE AND FACTORY BUILDING TOGETHER WITH AN ENGINEERING BUILDING AND A GUARD HOUSE ERECTED THEREON (“PROPERTY”) FOR A CASH CONSIDERATION OF RINGGIT MALAYSIA THIRTEEN MILLION AND FIVE HUNDRED THOUSAND (RM13.5 MILLION) ONLY (“SALE CONSIDERATION”) TO CHIP LOONG SHARK’S FIN SEAFOOD SDN BHD (COMPANY NO: 485507-U) (“PURCHASER” OR “CLSFS”) (“DISPOSAL OF PROPERTY”)

ATRIUM REAL ESTATE INVESTMENT TRUST

TypeAnnouncement
SubjectOTHERS
DescriptionDISPOSAL OF PROPERTY KNOWN AS ATRIUM RAWANG BY ATRIUM REIT HELD UNDER GERAN 205542, LOT 19007, SECTION 20, BANDAR RAWANG, DISTRICT OF GOMBAK, STATE OF SELANGOR DARUL EHSAN COMPRISING A DOUBLE STOREY OFFICE AND FACTORY BUILDING TOGETHER WITH AN ENGINEERING BUILDING AND A GUARD HOUSE ERECTED THEREON (“PROPERTY”) FOR A CASH CONSIDERATION OF RINGGIT MALAYSIA THIRTEEN MILLION AND FIVE HUNDRED THOUSAND (RM13.5 MILLION) ONLY (“SALE CONSIDERATION”) TO CHIP LOONG SHARK’S FIN SEAFOOD SDN BHD (COMPANY NO: 485507-U) (“PURCHASER” OR “CLSFS”) (“DISPOSAL OF PROPERTY”)

The Board of Directors (“Board”) of Atrium REIT Managers Sdn Bhd (“the Manager”), the Manager of Atrium REIT, wishes to announce that the Trustee of Atrium REIT, CIMB Commerce Trustee Berhad (“CCTB” or “Vendor”), has today, entered into a Sale and Purchase Agreement (“SPA”) in respect of the Disposal of Property on behalf of Atrium REIT.

Further information on the Disposal of Property is disclosed in the attachment herein.

This announcement is dated 4 November 2014.



Announcement Info

Company NameATRIUM REAL ESTATE INVESTMENT TRUST  
Stock Name ATRIUM    
Date Announced4 Nov 2014  
CategoryGeneral Announcement
Reference NoCK-140903-66704

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