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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS EUPE CORPORATION BERHAD ("ECB" OR THE "COMPANY") PROPOSED ACQUISITION OF A PARCEL OF FREEHOLD LAND HELD UNDER GERAN 30241, LOT 51863, MUKIM KUALA LUMPUR, DAERAH KUALA LUMPUR, NEGERI WILAYAH PERSEKUTUAN KUALA LUMPUR MEASURING APPROXIMATELY 9,957 SQUARE METERS (OR 2.46 ACRES) BY EUPE BANGSAR SDN. BHD., AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, FOR A TOTAL CASH CONSIDERATION OF RM69,180,000

EUPE CORPORATION BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
EUPE CORPORATION BERHAD ("ECB" OR THE "COMPANY")
PROPOSED ACQUISITION OF A PARCEL OF FREEHOLD LAND HELD UNDER GERAN 30241, LOT 51863, MUKIM KUALA LUMPUR, DAERAH KUALA LUMPUR, NEGERI WILAYAH PERSEKUTUAN KUALA LUMPUR MEASURING APPROXIMATELY 9,957 SQUARE METERS (OR 2.46 ACRES) BY EUPE BANGSAR SDN. BHD., AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, FOR A TOTAL CASH CONSIDERATION OF RM69,180,000

Pursuant to Paragraph 10.06(1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of the Company wishes to announce that Eupe Bangsar Sdn. Bhd., a wholly-owned subsidiary of Eupe Kemajuan Sdn. Bhd. which in turn is a wholly-owned subsidiary of ECB, has on 15 May 2024 entered into a Sale and Purchase Agreement with MCL Land (Pantai View) Sdn. Bhd. for the acquisition of a parcel of freehold land held under Geran 30241, Lot 51863, Mukim Kuala Lumpur, Daerah Kuala Lumpur, Negeri Wilayah Persekutuan Kuala Lumpur measuring approximately 9,957 square meters (or 2.46 acres) for a total cash consideration of RM69,180,000 only (referred to as “Proposed Acquisition”).

Please refer to the attachment for the details of the Proposed Acquisition.

This announcement is dated 15 May 2024.




Please refer attachment below.



Announcement Info

Company Name EUPE CORPORATION BERHAD
Stock Name EUPE
Date Announced 15 May 2024
Category General Announcement for PLC
Reference Number GA1-14052024-00059



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