Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
Description |
EKOVEST BERHAD (EKOVEST OR THE COMPANY) JOINT VENTURE AND SHAREHOLDERS AGREEMENT BETWEEN EKOVEST CONSTRUCTION SDN BHD AND SAMLING RESOURCES SDN BHD |
The Board of Directors of Ekovest wish to announce that Ekovest Construction Sdn Bhd, a wholly-owned subsidiary of Ekovest, had on 6 January 2017 entered into a joint venture and shareholders agreement with Samling Resources Sdn Bhd to jointly undertake the development and upgrading of the Pan Borneo Highway in the state of Sarawak, Malaysia Phase 1 for work package contract WPC-02 (Semantan to Sg. Moyan Bridge + KSR Interchanges) with a total contract value of RM2,112,800,000.00. Full details of the announcement are as per attachment enclosed herewith. |
Company Name | EKOVEST BERHAD |
Stock Name | EKOVEST |
Date Announced | 06 Jan 2017 |
Category | General Announcement for PLC |
Reference Number | GA1-06012017-00025 |
Attachments