Bursa Announcement
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Date : 24 July 2014
OTHERS PROPOSED ACQUISITION OF 51% EQUITY INTEREST IN PENANG SENTRAL SDN BHD FROM PELABURAN HARTANAH BERHAD
| MALAYSIAN RESOURCES CORPORATION BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | PROPOSED ACQUISITION OF 51% EQUITY INTEREST IN PENANG SENTRAL SDN BHD FROM PELABURAN HARTANAH BERHAD |
Malaysian Resources Corporation Berhad (“MRCB” or “the Company”) is pleased to announce that it had today entered into a Share Sale Agreement (“SSA”) with Pelaburan Hartanah Berhad (“PHB”) to acquire all of PHB’s 51% equity interest in Penang Sentral Sdn Bhd (“PSSB”) for a total cash consideration of RM50,751,000. Please refer to the attachment for detailed announcement. | |
Announcement Info
| Company Name | MALAYSIAN RESOURCES CORPORATION BERHAD |
| Stock Name | MRCB |
| Date Announced | 24 Jul 2014 |
| Category | General Announcement |
| Reference No | MR-140724-62866 |
