August 19, 2010

Company announcements: MJPERAK

MJPERAK - General Announcement

Announcement Type: General Announcement
Company Name: MAJUPERAK HOLDINGS BERHAD
Stock Name: MJPERAK
Date Announced: 19/08/2010

Announcement Detail:
Type: Announcement

Subject: EXECUTION OF A MEMORANDUM OF UNDERSTANDING TO JOINTLY DEVELOP LAND MEASURING APPROXIMATELY 460 ACRES IN BATU GAJAH, PERAK

Contents: The Board of Directors of the Company is pleased to announce that a wholly owned subsidiary of the Company, Syarikat Majuperak Berhad had executed a memorandum of understanding ("MOU") with Xtreme New Sdn Bhd on 18 August 2010 to jointly develop land owned by Syarikat Majuperak Berhad.

The land measuring approximately 460 acres is situated at Batu Gajah, Perak.

Both parties agreed that a Joint Venture Agreement shall be executed within a period of 3 months that may be extended to another 3 months.



No comments:

Post a Comment