Date : 02 August 2019

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RECURRENT RELATED PARTY TRANSACTIONS CHILLED WATER SUPPLY AGREEMENT BETWEEN KD DISTRICT COOLING SYSTEM SDN BHD AND KWASA UTAMA SDN BHD

MALAYSIAN RESOURCES CORPORATION BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
Description
CHILLED WATER SUPPLY AGREEMENT BETWEEN KD DISTRICT COOLING SYSTEM SDN BHD AND KWASA UTAMA SDN BHD

Malaysian Resources Corporation Berhad (“MRCB” or “the Company”) wishes to announce that its subsidiary, KD District Cooling System Sdn Bhd (“KDDCS”), has entered into a Chilled Water Supply Agreement (“CWSA”) with Kwasa Utama Sdn Bhd (“KUSB”), a wholly owned subsidiary of Employees Provident Fund Board (“EPF”), to supply chilled water to an office building (“Building”) located at Lot PT50853, Kwasa Damansara, Seksyen U4, 40160 Shah Alam for a period of 25 years  at an estimated total consideration of RM149,540,885 (“the Transaction”).

 

This announcement is dated 2 August 2019.




Please refer attachment below.



Announcement Info

Company Name MALAYSIAN RESOURCES CORPORATION BERHAD
Stock Name MRCB
Date Announced 02 Aug 2019
Category General Announcement for PLC
Reference Number GA1-02082019-00116