Letter of Extension to Sale and Purchase Agreement for 12 Retail/Office Units between G Rising Holding Sdn Bhd and PGCG Assets Holdings Sdn Bhd
This letter confirms an extension to the completion date for the sale and purchase of 12 retail and office units at Megan Avenue 1 in Kuala Lumpur. The agreement is between G Rising Holding Sdn Bhd (the seller) and PGCG Assets Holdings Sdn Bhd (the buyer). The new deadline for completing the transaction and paying the remaining purchase price of RM9,840,000.00 is set for June 12, 2013.
Our Ref: SK(FNAC·V)/0305112-jt Date: 9 April 2013 | Your Ref: CW2/WWK/KL/12(FNAC) |
Messrs C. W. Chan & Co.
Advocates & Solicitors
No. 6-3A, Jalan Pandan 2/5
Pandan Jaya
55100 Kuala Lumpur
By Fax: 9286 2237 / Post
Attention: Mr. Chan
Dear Sirs
| Re: | Sale and Purchase Agreements dated 14-8-2012 ("SPA") & Assignment of Terrancies |
| Property: | 12 units of Retails cum Office Lots known as Unit No. E-0-2, E·l-2, E-2·2, E-3-2, E-4-2, E-5-2, E-6-2, E-7-2, E-8-2, E-9-2, E-10-2, and E-11-2, Megan Avenue 1, No. 189 Jalan Ton Razak, 540400 Kuala Lumpur held under 12 separate Strata Titles |
| Strata Titles: | Geran 40011/M1-E/1/363, Geran 40011/MI-E/NI/369, Geran 40011/M1-E/2/375, Geran 40011/M l-E/31381, Geran 40011/M1-E/41387, Geran 40011/MI-E/51393, Geran 40011/M1-E/6/399, Geran 4001 l/MI-E/7/405, Geran 40011/M1-E/81411, Geran 40011/MI·E/9/417, Geran 40011/M1-E/101423, Geran 40011/M 1-E/11/429 All held under Lot 162 Seksyen 23, Bandar Kuala Lumpur, Wilayah Perselmtuan |
| Vendor: | G Rising Holding Sdn Bhd (Fomwrly known as FNAC Holdings Sdn Bhd) |
| Purchaser: | PGCG Assets Holdings Sdn Bhd |
We refer to the above matter and to your letter dated 3/4/2013 and the telephone conversation held between your Mr. Chan and our Ms. Jessica on even date.
We hereby confirmed that the new extended completion date in respect to the above SPA will be due on 12/6/2013.
In view thereof, kindly let us have the balance purchase price of RM9,840,000.00 on or before 12/6/2013.
