Date : 29 April 2016

OTHERS MALAYSIAN RESOURCES CORPORATION BERHAD (MRCB OR THE COMPANY) PROPOSED DISPOSAL OF MRCB'S ENTIRE 40% EQUITY INTERESTS IN EKOVEST- MRCB JV SDN BHD AND EKOVEST-MRCB CONSTRUCTION SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM8.5 MILLION (Proposed Disposal)

MALAYSIAN RESOURCES CORPORATION BERHAD

Type Announcement
Subject OTHERS
Description
MALAYSIAN RESOURCES CORPORATION BERHAD (MRCB OR THE COMPANY) 

PROPOSED DISPOSAL OF MRCB'S ENTIRE 40% EQUITY INTERESTS IN EKOVEST- MRCB JV SDN BHD AND EKOVEST-MRCB CONSTRUCTION SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM8.5 MILLION (Proposed Disposal)

We refer to the announcement dated 5 February 2016 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.

MRCB wishes to announce that the Proposed Disposal has been completed today following the settlement of the Balance Purchase Price of RM7.65 million.

 

This announcement is dated 29 April 2016.






Announcement Info

Company Name MALAYSIAN RESOURCES CORPORATION BERHAD
Stock Name MRCB
Date Announced 29 Apr 2016
Category General Announcement for PLC
Reference Number GA1-29042016-00127