Date : 18 September 2014

OTHERS PROPOSED DISPOSAL OF 100% EQUITY INTEREST IN MRCB TECHNOLOGIES SDN BHD

MALAYSIAN RESOURCES CORPORATION BERHAD

TypeAnnouncement
SubjectOTHERS
DescriptionPROPOSED DISPOSAL OF 100% EQUITY INTEREST IN MRCB TECHNOLOGIES SDN BHD

Malaysian Resources Corporation Berhad (“MRCB” or “the Company”) is pleased to announce that it had today entered into a conditional Share Sale Agreement (“SSA”) with XMT Technologies Holdings Sdn Bhd (“XMT” or the “Purchaser”) for the disposal of its entire equity interest in MRCB Technologies Sdn Bhd (“MTech”), a wholly owned subsidiary of the Company, for a total cash consideration of RM7.81 million (“Proposed Disposal”).


Please refer to the attachment for detailed announcement.



Announcement Info

Company NameMALAYSIAN RESOURCES CORPORATION BERHAD  
Stock Name MRCB    
Date Announced18 Sept 2014  
CategoryGeneral Announcement
Reference NoMR-140918-63828