TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS AME ELITE CONSORTIUM BERHAD ("AME ELITE" OR THE "COMPANY") PROPOSED DISPOSALS OF THREE (3) INDUSTRIAL PROPERTIES BY THE SUBSIDIARIES OF AME ELITE TO RHB TRUSTEES BERHAD ("TRUSTEE"), BEING THE TRUSTEE OF AME REAL ESTATE INVESTMENT TRUST ("AME REIT"), FOR A TOTAL CASH CONSIDERATION OF RM100,800,000

AME ELITE CONSORTIUM BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
AME ELITE CONSORTIUM BERHAD ("AME ELITE" OR THE "COMPANY")

PROPOSED DISPOSALS OF THREE (3) INDUSTRIAL PROPERTIES BY THE SUBSIDIARIES OF AME ELITE TO RHB TRUSTEES BERHAD ("TRUSTEE"), BEING THE TRUSTEE OF AME REAL ESTATE INVESTMENT TRUST ("AME REIT"), FOR A TOTAL CASH CONSIDERATION OF RM100,800,000

Reference is made to the announcement dated 24 March 2025, the circular to the shareholders of AME Elite dated 3 July 2025 in relation to the Proposed Disposals (“Circular”), the outcome of the EGM announced on 24 July 2025 and the announcement dated 21 October 2025. Unless otherwise stated, words and phrases used in this announcement shall have the same meaning as defined in the Circular.

 

The Board wishes to announce that, following the receipt of the balance disposal consideration of RM27,675,000 for the disposal of i-TechValley 36 by Greenhill SILC, the i-TechValley 36 SPA has been completed today, in accordance with its respective terms and conditions.

 

This announcement is dated 22 October 2025.






Announcement Info

Company Name AME ELITE CONSORTIUM BERHAD
Stock Name AME
Date Announced 22 Oct 2025
Category General Announcement for PLC
Reference Number GA1-16102025-00013