STONE - OTHERS STONE MASTER CORPORATION BERHAD (“SMCB” OR “COMPANY”) PROPOSED HEADS OF AGREEMENT TO BE EXECUTED BETWEEN SMCB AND FUJIAN NAN’AN GUANHUI STONE LTD (“FUJIAN”) FOR THE EXCLUSIVE AGENCY RIGHTS TO BE GRANTED BY FUJIAN TO SMCB TO UNDERTAKE STONE DESIGN AND INSTALLATION CONTRACTS UNDER THE BRAND NAME OF “GH PREMIER STONE” IN RELATION TO THE PRODUCTS & SERVICE
Company Name | STONE MASTER CORPORATION BERHAD |
Stock Name | STONE |
Date Announced | 27 Mar 2015 |
Category | General Announcement |
Reference No | SM-150327-61197 |
Type | Announcement |
Subject | OTHERS |
Description | STONE MASTER CORPORATION BERHAD (“SMCB” OR “COMPANY”) PROPOSED HEADS OF AGREEMENT TO BE EXECUTED BETWEEN SMCB AND FUJIAN NAN’AN GUANHUI STONE LTD (“FUJIAN”) FOR THE EXCLUSIVE AGENCY RIGHTS TO BE GRANTED BY FUJIAN TO SMCB TO UNDERTAKE STONE DESIGN AND INSTALLATION CONTRACTS UNDER THE BRAND NAME OF “GH PREMIER STONE” IN RELATION TO THE PRODUCTS & SERVICE |
The Board of Directors of SMCB wishes to announce that Stone Master Corporation Berhad (Company No. 4986639-X) (hereinafter referred to as “SMCB” or “the Company” or “the Agent”) proposed to enter into a Heads of Agreement (“HOA”) with Fujian Nan'an Guanhui Stone Ltd. (Registration No. 350583100020596) (hereinafter referred to as “Fujian” or “the Principal”), a private limited company established and existing under the laws of the People’s Republic of China and having its registered office at Fushan Industrial Area, Shuitou Nan’An City, Fujian Province, China for the award by the Principal to the Agent, the Exclusive Agency (hereinafter referred to as “Exclusive Agency”) whereby the Principal grants the rights to the Agent to undertake stone design and installation contracts under the brand name of “GH Premier Stone” in relation to the Products & Services, to be supported by the Principal subject to all the terms and conditions as stated therein the HOA. A detailed copy of the Announcement dated 27th March 2015 is attached hereto for the Bursa's attention. |