Date : 06 August 2019

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

Amended Announcements
Please refer to the earlier announcement reference number: GA1-02082019-00116

MALAYSIAN RESOURCES CORPORATION BERHAD

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

We refer to our announcement which was released on 2 August 2019 in relation to the Chilled Water Supply Agreement (“CWSA”) between KD District Cooling System Sdn Bhd (“KDDCS”) and Kwasa Utama Sdn Bhd (“KUSB”) (“the Announcement”) and wish to rectify the Announcement as follows:

 

(a)          Section 2 (Relationship Between KUSB and KDDCS) of the Announcement should be deleted and replaced with the following:

 

In view of the interests of the Interested Directors and Interested Major Shareholder as set out in Section 9 of this announcement, the Transaction is deemed as a related party transaction pursuant to Paragraphs 10.02(k) and 10.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Listing Requirements”).              

 

(b)          Section 8 (Percentage Ratio Applicable To The CWSA) of the Announcement should read as follows:

               

The highest percentage ratio applicable to the Transaction pursuant to Paragraph 10.02 (g) of the Listing Requirements is 3.09%.

 

This Announcement is dated 6 August 2019.






Announcement Info

Company Name MALAYSIAN RESOURCES CORPORATION BERHAD
Stock Name MRCB
Date Announced 06 Aug 2019
Category General Announcement for PLC
Reference Number GA1-06082019-00091