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Bursa Announcement
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Date : 08 January 2015

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): COMBINATION OF 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)
COMBINATION OF 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, 9 September 2014 and 8 October 2014 in respect of the Proposals.

 

On behalf of the Board, CIMB and RHB wish to announce that MSP and MTB had, via a second supplemental letter dated 8 January 2015, mutually agreed to extend the conditional period to fulfill all the conditions precedent as set out in the Platinum SPA by a further 3 months from 9 January 2015 to 9 April 2015 (“Further Extended Conditional Period”).

 

For the avoidance of doubt, the period for the fulfillment of the condition precedent as set out in clause 4.1 (h) of the Platinum SPA and Section 2.4.5 (h) of the announcement dated 10 April 2014 relating to the 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 Further Extended Conditional Period but shall instead expire at the end of the Further Extended Conditional Period.

 

 This announcement is dated 8 January 2015.

 



Announcement Info

Company NameMALAYSIAN RESOURCES CORPORATION BERHAD  
Stock Name MRCB    
Date Announced8 Jan 2015  
CategoryGeneral Announcement
Reference NoMM-150108-52606