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Date : 19 December 2024

OTHERS TERMINATION OF THE TEAMING AGREEMENT WITH BERJAYA RAIL SDN BHD IN RELATION TO THE KUALA LUMPUR – SINGAPORE HIGH SPEED RAIL PROJECT

MALAYSIAN RESOURCES CORPORATION BERHAD

Type Announcement
Subject OTHERS
Description
TERMINATION OF THE TEAMING AGREEMENT WITH BERJAYA RAIL SDN BHD IN RELATION TO THE KUALA LUMPUR – SINGAPORE HIGH SPEED RAIL PROJECT

Further to the announcement dated 26 January 2024, Malaysian Resources Corporation Berhad (“MRCB” or “the Company”) wishes to announce that MRCB has today issued a Notice of Termination to Berjaya Rail Sdn Bhd to terminate the Teaming Agreement signed on 15 December 2023 for the submission of a non-binding conceptual proposal to MyHSR Corporation Sdn Bhd in relation to the Kuala Lumpur – Singapore High Speed Rail Project.

 

Pursuant to Clause 12.1.2 of the Teaming Agreement, the termination shall take effect upon the expiry of a 30-day period from the Notice of Termination.

 

 

This announcement is dated 19 December 2024.






Announcement Info

Company Name MALAYSIAN RESOURCES CORPORATION BERHAD
Stock Name MRCB
Date Announced 19 Dec 2024
Category General Announcement for PLC
Reference Number GA1-19122024-00049