OTHERS CONSTRUCTION AND COMPLETION OF LIGHT RAIL TRANSIT LINE 3 (LRT3) FROM BANDAR UTAMA TO JOHAN SETIA (THE PROJECT) - APPOINTMENT AS PROJECT DELIVERY PARTNER (PDP)
| MALAYSIAN RESOURCES CORPORATION BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | CONSTRUCTION AND COMPLETION OF LIGHT RAIL TRANSIT LINE 3 (LRT3) FROM BANDAR UTAMA TO JOHAN SETIA (THE PROJECT) - APPOINTMENT AS PROJECT DELIVERY PARTNER (PDP) |
|
Further to our announcement on 4 September 2015, Malaysian Resources Corporation Berhad (“MRCB” or “the Company”) is pleased to announce that MRCB Builders Sdn Bhd (formerly known as Gelanggang Harapan Construction Sdn Bhd), a wholly owned subsidiary of MRCB had on 22 October 2015 acquired one (1) ordinary share in the share capital of MRCB George Kent JV Sdn Bhd (“the JV Company”) for a cash consideration of RM1.00. The JV Company, which will act as the PDP for the implementation of the Project, was incorporated on 17 September 2015 with authorised and paid up share capital of RM400,000 and RM2 respectively. Effective yesterday, MRCB Builders Sdn Bhd is a 50% shareholder of MRCB George Kent JV Sdn Bhd. None of the Directors and/or major shareholders of the Company and/or person connected to them have any interest, direct or indirect, in the acquisition of the JV Company. |
|
Announcement Info
| Company Name | MALAYSIAN RESOURCES CORPORATION BERHAD |
| Stock Name | MRCB |
| Date Announced | 23 Oct 2015 |
| Category | General Announcement for PLC |
| Reference Number | GA1-23102015-00042 |
