Bursa Announcement
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Date : 15 August 2019
MATERIAL LITIGATION Receipt Of Notice Of Arbitration Against Malaysian Resources Corporation Berhad ("MRCB")
| MALAYSIAN RESOURCES CORPORATION BERHAD |
| Type | Announcement |
| Subject | MATERIAL LITIGATION |
| Description | Receipt Of Notice Of Arbitration Against Malaysian Resources Corporation Berhad ("MRCB") |
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This announcement serves to clarify our earlier announcements dated 13 August 2019 and 14 August 2019 on the above subject matter.
The difference of opinion between MRCB and George Kent (Malaysia) Berhad is in respect of the interpretation of provisions of the Shareholders’ Agreement dated 8 June 2015 pertaining to the options for securing financing for MRCB George Kent Sdn Bhd, including the order of priority of such options. |
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Announcement Info
| Company Name | MALAYSIAN RESOURCES CORPORATION BERHAD |
| Stock Name | MRCB |
| Date Announced | 15 Aug 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-15082019-00063 |
