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Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions

BackJun 30, 2025
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description PROPOSED ACQUISITION OF APPROXIMATELY 1.3 ACRES LAND LOCATED AT WARD 16, DISTRICT 8, HO CHI MINH CITY, VIETNAM BY SKYWORLD DEVELOPMENT (VIETNAM) COMPANY LIMITED, A WHOLLY-OWNED SUBSIDIARY OF SKYWORLD DEVELOPMENT BERHAD - UPDATE

All abbreviations and definitions used herein shall have the same meaning as defined in the Company’s announcements dated 7 September 2023 and 8 December 2023 except where the context otherwise defined herein.

 

Further to the Company’s announcements made on 7 September 2023 and 8 December 2023, the Board of Directors of the Company wishes to announce that SkyWorld Vietnam had on 30 May 2025, entered into an amendment of the conditional shares sale and purchase agreement (“Amended SPA”) with the Vendors and Project Company to vary and modify the terms in the conditional shares sale and purchase agreement dated 7 September 2023 ("First SPA") in relation to the Proposed Acquisition.

 

Details of the amendments to the First SPA are set out in the attachment below.

 

Please refer attachment below.


Announcement Info

Company Name SKYWORLD DEVELOPMENT BERHAD
Stock Name SKYWLD
Date Announced 30 May 2025
Category General Announcement for PLC
Reference Number GA1-29052025-00121

Attachments

  1. SkyWorld_Proposed_Acquisition_of_Land_(Update)_30.05.2025.pdf (Size: 117,178 bytes)