Bursa Announcement
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Date : 08 November 2024
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS MALAYSIAN RESOURCES CORPORATION BERHAD ("MRCB" OR "COMPANY") PROPOSED ACQUISITION BY MRCB LAND SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF MRCB, OF 1,000,000 ORDINARY SHARES OF RM1.00 EACH IN PROJEKMAJU SDN. BHD., REPRESENTING 100% EQUITY INTEREST IN PROJEKMAJU SDN. BHD. FROM NUSA GAPURNA DEVELOPMENT SDN. BHD., FOR A CASH CONSIDERATION OF RM1,000,000 ("PROPOSED ACQUISITION")
| MALAYSIAN RESOURCES CORPORATION BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | MALAYSIAN RESOURCES CORPORATION BERHAD ("MRCB" OR "COMPANY")
PROPOSED ACQUISITION BY MRCB LAND SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF MRCB, OF 1,000,000 ORDINARY SHARES OF RM1.00 EACH IN PROJEKMAJU SDN. BHD., REPRESENTING 100% EQUITY INTEREST IN PROJEKMAJU SDN. BHD. FROM NUSA GAPURNA DEVELOPMENT SDN. BHD., FOR A CASH CONSIDERATION OF RM1,000,000 ("PROPOSED ACQUISITION") |
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The Board of Directors of MRCB (“Board”) wishes to announce that MRCB Land Sdn. Bhd. (“MRCB Land”), a wholly-owned subsidiary of MRCB, has today, entered into a Sale and Purchase Agreement (“SPA”) with Nusa Gapurna Development Sdn. Bhd. (“NGD”) for the proposed acquisition of 1,000,000 ordinary shares (“Sale Shares”), representing 100% equity interest in Projekmaju Sdn Bhd (“Projekmaju”) for a cash consideration of RM1,000,000 (“Purchase Consideration”).
Please refer to the attachment for the full announcement.
This announcement is dated 8 November 2024.
Please refer attachment below. |
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Please refer attachment below.
Announcement Info
| Company Name | MALAYSIAN RESOURCES CORPORATION BERHAD |
| Stock Name | MRCB |
| Date Announced | 08 Nov 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-08112024-00027 |
