Date : 29 January 2014

OTHERS MALAYSIAN RESOURCES CORPORATION BERHAD (“MRCB”) ? EXECUTION OF HEADS OF AGREEMENT BETWEEN MRCB SENTRAL PROPERTIES SDN BHD (“MSP”), A WHOLLY-OWNED SUBSIDIARY OF MRCB AND QUILL CAPITA TRUST (“QCT”) IN RELATION TO THE PROPOSED DISPOSAL ? EXECUTION OF HEADS OF AGREEMENT BETWEEN MRCB, QUILL RESOURCES HOLDINGS SDN BHD (“QRHSB”), CAPITALAND RECM PTE LTD (“CRPL”) AND COAST CAPITAL SDN BHD (“CCSB”) IN RELATION TO THE PROPOSED SHARES ACQUISITIONS

MALAYSIAN RESOURCES CORPORATION BERHAD

TypeAnnouncement
SubjectOTHERS
DescriptionMALAYSIAN RESOURCES CORPORATION BERHAD (“MRCB”)

? EXECUTION OF HEADS OF AGREEMENT BETWEEN MRCB SENTRAL PROPERTIES SDN BHD (“MSP”), A WHOLLY-OWNED SUBSIDIARY OF MRCB AND QUILL CAPITA TRUST (“QCT”) IN RELATION TO THE PROPOSED DISPOSAL

? EXECUTION OF HEADS OF AGREEMENT BETWEEN MRCB, QUILL RESOURCES HOLDINGS SDN BHD (“QRHSB”), CAPITALAND RECM PTE LTD (“CRPL”) AND COAST CAPITAL SDN BHD (“CCSB”) IN RELATION TO THE PROPOSED SHARES ACQUISITIONS

MRCB wishes to announce that its wholly-owned subsidiary, MSP has today entered into a Heads of Agreement (“HOA”) with Maybank Trustees Berhad, acting as trustee for QCT for the disposal of a freehold land held under GRN 46222, Lot 73 Section 0070, Town and District of Kuala Lumpur, together with a commercial development known as Platinum Sentral, consisting of 5 blocks of 4 to 7 storey commercial buildings, consisting of office cum retail space, a multi-purpose hall and 2 levels of car park, bearing the postal address of Platinum Sentral, Jalan Stesen Sentral, Kuala Lumpur Sentral, 50470 Kuala Lumpur (“Platinum Sentral”) for a purchase consideration of RM750 million (“Proposed Disposal”).

The detailed announcement is attached herewith.

Attachments

announce - Reit.pdf
88 KB



Announcement Info

Company NameMALAYSIAN RESOURCES CORPORATION BERHAD  
Stock Name MRCB    
Date Announced29 Jan 2014  
CategoryGeneral Announcement
Reference NoMR-140129-63421