Bursa Announcement
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Date : 28 January 2015
Circular/Notice to Shareholders
| MALAYSIAN RESOURCES CORPORATION BERHAD |
|
Subject | CIRCULAR TO SHAREHOLDERS IN RELATION TO THE (I) PROPOSED DISPOSAL BY MRCB SENTRAL PROPERTIES SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF MALAYSIAN RESOURCES CORPORATION BERHAD (“MRCB”), OF PLATINUM SENTRAL (AS DEFINED HEREIN) TO MAYBANK TRUSTEES BERHAD, ACTING SOLELY IN THE CAPACITY AS TRUSTEE FOR QUILL CAPITA TRUST (“QCT”), A REAL ESTATE INVESTMENT TRUST, FOR A TOTAL DISPOSAL CONSIDERATION OF RM740 MILLION, OF WHICH RM476 MILLION WILL BE SATISFIED IN CASH AND RM264 MILLION WILL BE SATISFIED VIA THE PROPOSED ISSUANCE OF 206.25 MILLION UNITS IN QCT (“UNITS”) AT AN ISSUE PRICE OF RM1.28 PER UNIT (“PROPOSED DISPOSAL”); AND (II) PROPOSED ACQUISITIONS BY MRCB OF A TOTAL OF 41% EQUITY INTERESTS IN QUILL CAPITA MANAGEMENT SDN BHD (BEING THE MANAGEMENT COMPANY OF QCT) FROM CAPITALAND RECM PTE LTD AND COAST CAPITAL SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM5,882,835.80 (“PROPOSED SHARES ACQUISITIONS”) |
Announcement Info
| Company Name | MALAYSIAN RESOURCES CORPORATION BERHAD |
| Stock Name | MRCB |
| Date Announced | 28 Jan 2015 |
| Category | PDF Submission |
| Reference No | MM-150128-36058 |
