Bursa Announcement
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Date : 28 October 2015
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PROPOSED SUBCRIPTION OF NEW ORDINARY SHARES AND REDEEMABLE PREFERENCE SHARES, REPRESENTING 70% EQUITY INTEREST IN A JOINT VENTURE COMPANY TO PURCHASE AND UNDERTAKE THE DEVELOPMENT OF CYBERJAYA CITY CENTRE (CCC) FOR A SUBSCRIPTION PAYMENT OF RM269.5 MILLION (PROPOSED SUBSCRIPTION)
| MALAYSIAN RESOURCES CORPORATION BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | PROPOSED SUBCRIPTION OF NEW ORDINARY SHARES AND REDEEMABLE PREFERENCE SHARES, REPRESENTING 70% EQUITY INTEREST IN A JOINT VENTURE COMPANY TO PURCHASE AND UNDERTAKE THE DEVELOPMENT OF CYBERJAYA CITY CENTRE (CCC) FOR A SUBSCRIPTION PAYMENT OF RM269.5 MILLION (PROPOSED SUBSCRIPTION) |
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Malaysian Resources Corporation Berhad ("MRCB" or "Company") is pleased to announce that MRCB Land Sdn Bhd ("MRCB Land"), a wholly-owned subsidiary of the Company had today entered into a Joint Venture Agreement ("JVA") with Cyberview Sdn Bhd ("CSB") in relation to, inter-alia, the Proposed Subscription. Please refer to the attachment for detailed announcement. |
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Please refer attachment below.
Announcement Info
| Company Name | MALAYSIAN RESOURCES CORPORATION BERHAD |
| Stock Name | MRCB |
| Date Announced | 28 Oct 2015 |
| Category | General Announcement for PLC |
| Reference Number | GA1-28102015-00069 |
