Bursa Announcement
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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) |
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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.
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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 |
