Bursa Announcement
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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 |