OTHERS APEX EQUITY HOLDINGS BERHAD ("AEHB" OR THE "COMPANY") - PROPOSED DISPOSAL OF ONE (1) UNIT OF ELEVEN (11) STOREY COMMERCIAL BUILDING KNOWN AS "MENARA APEX" OWNED BY APEX DEVELOPMENT SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF APEX EQUITY HOLDINGS BERHAD FOR A SALES CONSIDERATION OF RM55,000,000.00

APEX EQUITY HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
APEX EQUITY HOLDINGS BERHAD ("AEHB" OR THE "COMPANY")
- PROPOSED DISPOSAL OF ONE (1) UNIT OF ELEVEN (11) STOREY COMMERCIAL BUILDING KNOWN AS "MENARA APEX" OWNED BY APEX DEVELOPMENT SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF APEX EQUITY HOLDINGS BERHAD FOR A SALES CONSIDERATION OF RM55,000,000.00

Reference is made to the Company's announcements dated 21 November 2023 and 16 November 2023 (jointly referred to as “Announcement”). Unless otherwise defined, the terms therein shall bear the same meaning as defined in the Announcement.

The Board of Directors of the Company wishes to announce that the parties to the Sale and Purchase Agreement (“SPA”) had on 28 May 2024 mutually agreed to further extend the Conditional Period of the SPA until 15 December 2024.

This announcement is dated 29 May 2024.






Announcement Info

Company Name APEX EQUITY HOLDINGS BERHAD
Stock Name APEX
Date Announced 29 May 2024
Category General Announcement for PLC
Reference Number GA1-29052024-00017