OTHERS JOINT VENTURE DEVELOPMENT AGREEMENT BETWEEN COUNTRY ANNEXE SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND IPOH SENTRAL SDN BHD
| MALAYSIAN RESOURCES CORPORATION BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | JOINT VENTURE DEVELOPMENT AGREEMENT BETWEEN COUNTRY ANNEXE SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND IPOH SENTRAL SDN BHD |
|
Further to our announcement dated 23 January 2025, the Board of Directors of Malaysian Resources Corporation Berhad ("MRCB") wishes to announce that, following the execution of a Memorandum of Agreement (“MOA”) on 23 January 2025, Country Annexe Sdn Bhd (“CASB”), a wholly-owned subsidiary of MRCB, has today entered into a Joint Venture Development Agreement (“JVDA”) with Ipoh Sentral Sdn Bhd (“ISSB”) to formalise the collaboration of the parties for a proposed mixed development of Ipoh Sentral based on a transit-oriented development model on the lands held under H.S(D) 940438 PT 284760 and part of H.S(D) 940439 PT 284761, both situated in Bandar Ipoh (U), District of Kinta, State of Perak (the “Lands”) (“Proposed Collaboration”).
Please refer to the attachment for the full announcement.
This announcement is dated 11 July 2025. |
|
Please refer attachment below.
Announcement Info
| Company Name | MALAYSIAN RESOURCES CORPORATION BERHAD |
| Stock Name | MRCB |
| Date Announced | 11 Jul 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-11072025-00047 |
