TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS AL-SALAM REAL ESTATE INVESTMENT TRUST ("AL-SALAM" OR "REIT") PROPOSED DISPOSAL OF PROPERTY LOCATED AT JALAN KUCHAI LAMA, KUALA LUMPUR FOR TOTAL CASH CONSIDERATION OF RM14,700,000 ("PROPOSED DISPOSAL")

AL-SALAM REAL ESTATE INVESTMENT TRUST

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description 
AL-SALAM REAL ESTATE INVESTMENT TRUST ("AL-SALAM" OR "REIT") 

PROPOSED DISPOSAL OF PROPERTY LOCATED AT JALAN KUCHAI LAMA, KUALA LUMPUR FOR TOTAL CASH CONSIDERATION OF RM14,700,000 ("PROPOSED DISPOSAL")

Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as defined in the announcement dated 3 December 2024 in relation to the Proposed Disposal.

We refer to the announcement on 3 December 2024 in relation to the Proposed Disposal.

On behalf of the Board, KAF IB wishes to announce that the Proposed Disposal has been completed on 4 June 2025 in accordance with the terms and conditions contained in the SPA.
 

This announcement is dated 4 June 2025.



Announcement Info

Company Name AL-SALAM REAL ESTATE INVESTMENT TRUST
Stock Name ALSREIT
Date Announced 04 Jun 2025
Category General Announcement for PLC
Reference Number GA1-04062025-00065