Date : 08 August 2017

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS MALAYSIAN RESOURCES CORPORATION BERHAD ("MRCB" OR "COMPANY") PRIVATISATION AGREEMENT ENTERED INTO BETWEEN RUKUN JUANG SDN BHD, A 85%-OWNED SUBSIDIARY OF MRCB LAND SDN BHD, WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF MRCB, THE GOVERNMENT OF MALAYSIA, REPRESENTED BY THE MINISTRY OF YOUTH AND SPORTS AND SYARIKAT TANAH DAN HARTA SDN BHD RELATING TO THE REFURBISHMENT AND UPGRADING OF FACILITIES LOCATED AT THE NATIONAL SPORTS COMPLEX IN BUKIT JALIL, KUALA LUMPUR ("PROPOSED PRIVATISATION")

MALAYSIAN RESOURCES CORPORATION BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
MALAYSIAN RESOURCES CORPORATION BERHAD ("MRCB" OR "COMPANY")

PRIVATISATION AGREEMENT ENTERED INTO BETWEEN RUKUN JUANG SDN BHD, A 85%-OWNED SUBSIDIARY OF MRCB LAND SDN BHD, WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF MRCB, THE GOVERNMENT OF MALAYSIA, REPRESENTED BY THE MINISTRY OF YOUTH AND SPORTS AND SYARIKAT TANAH DAN HARTA SDN BHD RELATING TO THE REFURBISHMENT AND UPGRADING OF FACILITIES LOCATED AT THE NATIONAL SPORTS COMPLEX IN BUKIT JALIL, KUALA LUMPUR ("PROPOSED PRIVATISATION")

We refer to the earlier announcements in relation to the Proposed Privatisation. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements in relation to the Proposed Privatisation.

 

On behalf of the Board, RHB Investment Bank wishes to announce that RJSB had on 7 August 2017 received the sectional Certificates of Practical Completion for all components of Project 1 from the Government. This marks the completion and the handing over of Project 1 to the Government.

 

 

This announcement is dated 8 August 2017.






Announcement Info

Company Name MALAYSIAN RESOURCES CORPORATION BERHAD
Stock Name MRCB
Date Announced 08 Aug 2017
Category General Announcement for PLC
Reference Number GA1-08082017-00046