Bursa Announcement
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Date : 22 April 2015
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS MALAYSIAN RESOURCES CORPORATION BERHAD (MRCB OR THE COMPANY) - DISPOSAL OF MRCBS 51% EQUITY INTEREST IN NU SENTRAL SDN BHD (NSSB) TO PELABURAN HARTANAH BERHAD (PHB) FOR A CONSIDERATION OF RM119,776,136 (DISPOSAL)
| MALAYSIAN RESOURCES CORPORATION BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | MALAYSIAN RESOURCES CORPORATION BERHAD (MRCB OR THE COMPANY) - DISPOSAL OF MRCBS 51% EQUITY INTEREST IN NU SENTRAL SDN BHD (NSSB) TO PELABURAN HARTANAH BERHAD (PHB) FOR A CONSIDERATION OF RM119,776,136 (DISPOSAL) |
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MRCB is pleased to announce that it has today entered into a Share Sale Agreement (“SSA”) with PHB to dispose its 51% equity interest in NSSB comprising 10,200,000 Ordinary Shares of RM1.00 each and 91,800,000 Redeemable Non-convertible Preference Shares of RM0.01 each to PHB for a consideration of RM119,776,136 (“Sale Shares”). The detailed announcement is attached herewith. |
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Please refer attachment below.
Announcement Info
| Company Name | MALAYSIAN RESOURCES CORPORATION BERHAD |
| Stock Name | MRCB |
| Date Announced | 22 Apr 2015 |
| Category | General Announcement for PLC |
| Reference Number | GA1-22042015-00116 |
