Date : 08 October 2014

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS MALAYSIAN RESOURCES CORPORATION BERHAD (“MRCB” OR THE “COMPANY”) (I) PROPOSED DISPOSAL; AND (II) PROPOSED SHARES ACQUISITIONS (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

MALAYSIAN RESOURCES CORPORATION BERHAD

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionMALAYSIAN RESOURCES CORPORATION BERHAD (“MRCB” OR THE “COMPANY”)

(I) PROPOSED DISPOSAL; AND

(II) PROPOSED SHARES ACQUISITIONS

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

(Unless otherwise stated, all abbreviations used herein shall have the same meanings as those mentioned in the announcement dated 10 April 2014.)

We refer to the announcements dated 29 January 2014, 4 April 2014, 10 April 2014, 15 April 2014, 9 June 2014, 11 July 2014 and 9 September 2014 in respect of the Proposals.

On behalf of the Board, CIMB and RHB wish to announce that MSP and MTB had, via a supplemental letter dated 8 October 2014, mutually agreed to extend the conditional period to fulfill all the conditions precedent in the Platinum SPA for a further 3 months, thereby amending the last day of the conditional period from 9 October 2014 to 9 January 2015 (“Extended Conditional Period”).

For the purpose of clarification, the period for fulfillment of the condition precedent in clause 4.1 (h) of the Platinum SPA which is set out in Section 2.4.5 (h) of the announcement dated 10 April 2014 (i.e. receipt by MTB of the proceeds from the Proposed Placement or from the underwriting of the Units in relation to the Proposed Placement) shall not be automatically extended by a further period of 3 months after the expiry of the Extended Conditional Period.

This announcement is dated 8 October 2014.

 

 

 

 



Announcement Info

Company NameMALAYSIAN RESOURCES CORPORATION BERHAD  
Stock Name MRCB    
Date Announced8 Oct 2014  
CategoryGeneral Announcement
Reference NoMM-141008-60751