TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS AME ELITE CONSORTIUM BERHAD ("AME" OR "COMPANY") PROPOSED ACQUISITIONS OF TWO (2) PIECES OF FREEHOLD LANDS IN MUKIM OF SENAI, DISTRICT OF KULAI, STATE OF JOHOR, MEASURING APPROXIMATELY 31.82 ACRES IN TOTAL LAND AREA BY THE SUBSIDIARIES OF AME, FROM NICE FRONTIER SDN BHD ("NFSB" OR "VENDOR") FOR A TOTAL CASH CONSIDERATION OF RM101,182,920.20
| AME ELITE CONSORTIUM BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | AME ELITE CONSORTIUM BERHAD ("AME" OR "COMPANY")
PROPOSED ACQUISITIONS OF TWO (2) PIECES OF FREEHOLD LANDS IN MUKIM OF SENAI, DISTRICT OF KULAI, STATE OF JOHOR, MEASURING APPROXIMATELY 31.82 ACRES IN TOTAL LAND AREA BY THE SUBSIDIARIES OF AME, FROM NICE FRONTIER SDN BHD ("NFSB" OR "VENDOR") FOR A TOTAL CASH CONSIDERATION OF RM101,182,920.20 |
|
The Board of Directors of AME (“Board”) is pleased to announce that the wholly-owned subsidiaries of AME, had on 6 March 2026, entered into two (2) separate conditional sale and purchase agreements with NFSB for the proposed acquisitions of two (2) pieces of freehold lands in Mukim of Senai, District of Kulai, State of Johor, measuring approximately 31.82 acres in total land area for a total cash consideration of RM101,182,920.20.
For more details, please refer to the attachment below.
This announcement is made on 6 March 2026. |
|
Please refer attachment below.
Announcement Info
| Company Name | AME ELITE CONSORTIUM BERHAD |
| Stock Name | AME |
| Date Announced | 06 Mar 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-06032026-00051 |