UEM SUNRISE BERHAD (“UEMS” OR “COMPANY”)Termination of Contract • September 13th, 2019
Contract Type FiledSeptember 13th, 2019TERMINATION OF CONTRACT DATED 3 DECEMBER 2015 BETWEEN UEM SUNRISE (LA TROBE STREET) PTY LTD (“UEMS LATROBE” OR THE “VENDOR”), AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF UEMS AND THE TRUST COMPANY (RE SERVICES) LIMITED (“TCL”) AS TRUSTEE FOR THE ASCENDAS AUSTRALIA HOTEL TRUST (“AAHT” OR THE “PURCHASER”) FOR THE DISPOSAL OF A SERVICED APARTMENT BLOCK AT 224-252 LA TROBE STREET, MELBOURNE, AUSTRALIA TOGETHER WITH 10 CAR PARK LOTS AND PART OF RETAIL MEASURING A GROSS FLOOR AREA OF APPROXIMATELY 14,924 SQUARE METERS FOR A CASH CONSIDERATION OF APPROXIMATELY AUD$120,000,000