Date : 04 July 2017

OTHERS RIGHT OF FIRST REFUSAL AND CALL OPTION AGREEMENT BETWEEN MRCB AND NUSA GARPUNA DEVELOPMENT SDN BHD (ROFR CALL OPTION AGREEMENT)

MALAYSIAN RESOURCES CORPORATION BERHAD

Type Announcement
Subject OTHERS
Description
RIGHT OF FIRST REFUSAL AND CALL OPTION AGREEMENT BETWEEN MRCB AND NUSA GARPUNA DEVELOPMENT SDN BHD (ROFR CALL OPTION AGREEMENT)

We refer to the announcements dated 8 February 2013 and 9 December 2016 in relation to, amongst others, the ROFR Call Option Agreement and the Supplemental Agreement to the ROFR Call Option Agreement (“First Supplemental Agreement”), respectively. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements.

MRCB is pleased to announce that MRCB and NGD had today entered into a Second Supplemental Agreement to further vary the terms of the ROFR Call Option Agreement (“Second Supplemental Agreement”) as follows:-

ROFR Call Option Agreement

Second Supplemental Agreement

Definitions

Option Period means the period commencing from the date of expiry of the Right of First Refusal Period and ending on the day falling 2 months thereafter”

 

Definitions

“Option Period” means the period commencing from the date of expiry of the Right of First Refusal Period and ending on the day falling 60 months thereafter or any other extended date as may be agreed in writing between the Parties”

The ROFR Call Option Agreement, the First Supplemental Agreement and the Second Supplemental Agreement shall be read as a single, integrated document. 

The Second Supplemental Agreement will be made available for inspection at the registered office of the Company at Level 33A, Menara NU 2, No. 203, Jalan Tun Sambanthan, Kuala Lumpur Sentral, 50470 Kuala Lumpur during normal business hours (except public holidays) for a period of three (3) months from the date of this Announcement.

 

This announcement is dated 4 July 2017.






Announcement Info

Company Name MALAYSIAN RESOURCES CORPORATION BERHAD
Stock Name MRCB
Date Announced 04 Jul 2017
Category General Announcement for PLC
Reference Number GA1-04072017-00089