Date : 19 December 2016

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS PROPOSED ACQUISITION BY MRCB LAND SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF MALAYSIAN RESOURCES CORPORATION BERHAD OF 1,000,000 ORDINARY SHARES OF RM1.00 EACH, REPRESENTING 100% EQUITY INTEREST IN NILAITERA SDN BHD FROM NUSA GAPURNA DEVELOPMENT SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM24,780,100 (PROPOSED ACQUISITION)

MALAYSIAN RESOURCES CORPORATION BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
PROPOSED ACQUISITION BY MRCB LAND SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF MALAYSIAN RESOURCES CORPORATION BERHAD OF 1,000,000 ORDINARY SHARES OF RM1.00 EACH, REPRESENTING 100% EQUITY INTEREST IN NILAITERA SDN BHD FROM NUSA GAPURNA DEVELOPMENT SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM24,780,100 (PROPOSED ACQUISITION)

We refer to the announcement dated 9 December 2016, MRCB wishes to announce that it has today completed the Proposed Acquisition. 

This announcement is dated 19 December 2016. 

 






Announcement Info

Company Name MALAYSIAN RESOURCES CORPORATION BERHAD
Stock Name MRCB
Date Announced 19 Dec 2016
Category General Announcement for PLC
Reference Number GA1-19122016-00078