Date : 19 May 2016

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PROPOSED SUBSCRIPTION 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 REVISED SUBSCRIPTION PAYMENT OF RM228.9 MILLION (PROPOSED SUBSCRIPTION)

MALAYSIAN RESOURCES CORPORATION BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
PROPOSED SUBSCRIPTION 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 REVISED SUBSCRIPTION PAYMENT OF RM228.9 MILLION (PROPOSED SUBSCRIPTION)

We refer to the announcement dated 28 October 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 Subscription.

MRCB wishes to announce that MRCB Land Sdn Bhd (“MRCB Land”), Cyberview Sdn Bhd (“CSB”) and CSB Development Sdn Bhd (“CSB Development”) has today entered into a Supplemental Share Subscription Agreement (“Supplemental SSA”) and Supplemental Joint Venture Agreement (“Supplemental JVA”) (collectively referred to as “Supplemental Agreements”) to vary certain terms of the Share Subscription Agreement (“SSA”) and Joint Venture Agreement (“JVA”), respectively.

Please refer to the attachment for detailed announcement.




Please refer attachment below.



Announcement Info

Company Name MALAYSIAN RESOURCES CORPORATION BERHAD
Stock Name MRCB
Date Announced 19 May 2016
Category General Announcement for PLC
Reference Number GA1-19052016-00059