Date : 25 September 2014

MULTIPLE PROPOSALS MALAYSIAN RESOURCES CORPORATION BERHAD (“MRCB” OR “COMPANY”) (i) PROPOSED ACQUISITIONS; (ii) PROPOSED FREE WARRANTS; (iii) PROPOSED EXEMPTION; (iv) PROPOSED IASC; AND (v) PROPOSED AMENDMENTS. (TO BE COLLECTIVELY REFERRED TO AS “PROPOSALS”)

MALAYSIAN RESOURCES CORPORATION BERHAD

TypeAnnouncement
SubjectMULTIPLE PROPOSALS
DescriptionMALAYSIAN RESOURCES CORPORATION BERHAD (“MRCB” OR “COMPANY”)

(i) PROPOSED ACQUISITIONS;
(ii) PROPOSED FREE WARRANTS;
(iii) PROPOSED EXEMPTION;
(iv) PROPOSED IASC; AND
(v) PROPOSED AMENDMENTS.

(TO BE COLLECTIVELY REFERRED TO AS “PROPOSALS”)

We refer to the previous announcements made by RHB Investment Bank on behalf of the Board in relation to the Proposals. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements in relation to the Proposals.

On behalf of the Board, RHB Investment Bank wishes to announce that the Company had, on 25 September 2014, paid the balance of the PKNS Consideration amounting to RM83,594,000 to P.J Sentral on behalf of PKNS in accordance with the terms of the PKNS SSA. The payment of the balance of the PKNS Consideration marks the completion of the Proposed Acquisition of 30% of P.J Sentral on even date.


This announcement is dated 25 September 2014.


Announcement Info

Company NameMALAYSIAN RESOURCES CORPORATION BERHAD  
Stock Name MRCB    
Date Announced25 Sept 2014  
CategoryGeneral Announcement
Reference NoMI-140925-56456