Date : 03 March 2016

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS HEADS OF AGREEMENT BETWEEN 348 SENTRAL SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF MRCB AND MAYBANK TRUSTEES BERHAD AS TRUSTEE FOR MRCB-QUILL REIT (FORMERLY KNOWN AS QUILL CAPITA TRUST) IN RELATION TO THE PROPOSED DISPOSAL OF MENARA SHELL (PROPOSED DISPOSAL)

MALAYSIAN RESOURCES CORPORATION BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
HEADS OF AGREEMENT BETWEEN 348 SENTRAL SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF MRCB AND MAYBANK TRUSTEES BERHAD AS TRUSTEE FOR MRCB-QUILL REIT (FORMERLY KNOWN AS QUILL CAPITA TRUST) IN RELATION TO THE PROPOSED DISPOSAL OF MENARA SHELL (PROPOSED DISPOSAL)

We refer to the announcement dated 3 December 2015 in relation to the above matter. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcement in relation to the Proposed Disposal.

In view of the on-going negotiations, MRCB wishes to announce that the parties to the Heads of Agreement, via the Extension Letter dated 3 March 2016 have mutually agreed to extend the Cut-Off Date for the execution of the Sale and Purchase Agreement in relation to the Proposed Disposal to 15th April 2016.

 

This announcement is dated 3 March 2016.






Announcement Info

Company Name MALAYSIAN RESOURCES CORPORATION BERHAD
Stock Name MRCB
Date Announced 03 Mar 2016
Category General Announcement for PLC
Reference Number GA1-03032016-00047