Date : 28 June 2016

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS PROPOSED ACQUISITION BY GAPURNA LAND SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF MALAYSIAN RESOURCES CORPORATION BERHAD, OF TWO (2) ADJOINING PARCELS OF LAND FROM KEJORA KINTA SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM6,900,000 ("PROPOSED ACQUISITION")

MALAYSIAN RESOURCES CORPORATION BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
PROPOSED ACQUISITION BY GAPURNA LAND SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF MALAYSIAN RESOURCES CORPORATION BERHAD, OF TWO (2) ADJOINING PARCELS OF LAND FROM KEJORA KINTA SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM6,900,000 ("PROPOSED ACQUISITION")

We refer to the announcement dated 28 April 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 Acquisition.

Malaysian Resources Corporation Berhad wishes to announce that Gapurna Land Sdn Bhd has today completed the Proposed Acquisition.






Announcement Info

Company Name MALAYSIAN RESOURCES CORPORATION BERHAD
Stock Name MRCB
Date Announced 28 Jun 2016
Category General Announcement for PLC
Reference Number GA1-28062016-00068