DateTitle

15 Nov

CIRCULAR TO SHAREHOLDERS IN RELATION TO PART A PROPOSED ESTABLISHMENT OF A LONG-TERM INCENTIVE PLAN OF UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF MALAYSIAN RESOURCES CORPORATION BERHAD ("MRCB") (EXCLUDING TREASURY SHARES), FOR THE ELIGIBLE EMPLOYEES OF MRCB AND ITS SUBSIDIARIES (EXCLUDING SUBSIDIARIES WHICH ARE DORMANT) AND ELIGIBLE EXECUTIVE DIRECTORS OF MRCB ("PROPOSED LTIP") PART B I. PROPOSED DISPOSAL BY 348 SENTRAL SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF MRCB, OF MENARA SHELL (AS DEFINED HEREIN) TO MAYBANK TRUSTEES BERHAD, ACTING SOLELY IN THE CAPACITY AS TRUSTEE FOR MRCB-QUILL REIT ("MQ REIT"), A REAL ESTATE INVESTMENT TRUST, FOR A TOTAL DISPOSAL CONSIDERATION OF RM640 MILLION TO BE SATISFIED ENTIRELY IN CASH ("PROPOSED DISPOSAL"); AND II. PROPOSED SUBSCRIPTION BY MRCB OF NO LESS THAN RM110 MILLION BUT UP TO RM152 MILLION IN VALUE OF NEW UNITS IN MQ REIT PURSUANT TO THE PROPOSED PLACEMENT EXERCISE TO BE UNDERTAKEN BY MQ REIT ("PROPOSED SUBSCRIPTION") PART C PROJECT DELIVERY PARTNER ("PDP") AGREEMENT BETWEEN MRCB BUILDERS SDN BHD ("MRCB BUILDERS"), A WHOLLY-OWNED SUBSIDIARY OF MRCB, AND KWASA LAND SDN BHD FOR THE APPOINTMENT OF MRCB BUILDERS AS A PDP IN CONNECTION WITH THE CONSTRUCTION AND COMPLETION OF COMMON INFRASTRUCTURE FOR THE MAJLIS BANDARAYA PETALING JAYA AREA AT THE PROPOSED KWASA DAMANSARA TOWNSHIP, FOR A PROVISIONAL FEE OF APPROXIMATELY RM112.28 MILLION ("PROPOSED PDP CONTRACT") PART D INDEPENDENT ADVICE LETTER TO THE NON-INTERESTED DIRECTORS AND NON-INTERESTED SHAREHOLDERS OF MRCB IN RELATION TO THE PROPOSED PDP CONTRACT

28 Apr

Statement to Shareholders in relation to the Proposed Renewal of Share Buy-Back Authority