Date : 15 February 2018

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS MULPHA INTERNATIONAL BHD (MIB) I. JOINT VENTURE (JV) CUM SHAREHOLDERS AGREEMENT BETWEEN LEISURE FARM CORPORATION SDN BHD (LFC),A WHOLLY-OWNED SUBSIDIARY OF MIB, UEM LAND BERHAD (UEML),A WHOLLY-OWNED SUBSIDIARY OF UEM SUNRISE BERHAD (UEMS) & GERBANG LEISURE PARK SDN BHD (FKA JV AXIS SDN BHD)(GLPSB), THE 50:50 JV COMPANY JOINTLY OWNED BY LFC AND UEML; & II. MASTER AGREEMENT BETWEEN LFC, GLPSB, NUSAJAYA SEAVIEW SDN BHD & NUSAJAYA RISE SDN BHD (BOTH ARE INDIRECT WHOLLY-OWNED SUBSIDIARIES OF UEMS)

MULPHA INTERNATIONAL BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
MULPHA INTERNATIONAL BHD (MIB)
I. JOINT VENTURE (JV) CUM SHAREHOLDERS AGREEMENT BETWEEN LEISURE FARM CORPORATION SDN BHD (LFC),A WHOLLY-OWNED SUBSIDIARY OF MIB, UEM LAND BERHAD (UEML),A WHOLLY-OWNED SUBSIDIARY OF UEM SUNRISE BERHAD (UEMS) & GERBANG LEISURE PARK SDN BHD (FKA JV AXIS SDN BHD)(GLPSB), THE 50:50 JV COMPANY JOINTLY OWNED BY LFC AND UEML; & 
II. MASTER AGREEMENT BETWEEN LFC, GLPSB, NUSAJAYA SEAVIEW SDN BHD & NUSAJAYA RISE SDN BHD (BOTH ARE INDIRECT WHOLLY-OWNED SUBSIDIARIES OF UEMS)

We refer to our announcements dated 17 February 2016, 22 February 2016 and 26 May 2016 in relation to the above.  Unless otherwise stated, the definitions used herein shall have the same meanings as set out in this announcement.

 

We wish to announce that the period to fulfil the conditions precedent for the Proposed JV has been extended from 16 February 2018 to 15 February 2019 as agreed by the parties.

 

 

This announcement is dated 15 February 2018.






Announcement Info

Company Name MULPHA INTERNATIONAL BERHAD
Stock Name MULPHA
Date Announced 15 Feb 2018
Category General Announcement for PLC
Reference Number GA1-15022018-00026


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