| Type | Announcement |
| Subject | OTHERS |
| Description |
EKOVEST BERHAD (EKOVEST OR THE COMPANY) RECEIPT OF AN EXCLUSIVE OFFER FROM ISKANDAR WATERFRONT HOLDINGS SDN BHD (IWH) IN RELATION TO AN EXCLUSIVE NEGOTIATION TO FINALISE THE PARTICIPATION OF EKOVEST AS A JOINT VENTURE PARTNER CUM INVESTOR IN THE BANDAR MALAYSIA DEVELOPMENT PROJECT (PROPOSAL) |
Reference is made to the announcement made on 8 September 2020 in relation to the Proposal (“Announcement”). Unless otherwise stated, all terms used in this announcement shall have the same meaning as defined in the Announcement.
The Company wishes to announce that the Company and IWH have mutually agreed to an extension of time of a period of 30 market days commencing from 22 October 2020 to 3 December 2020 for the Company to deliberate and consider as well as to enable the parties to finalise the relevant agreements in relation to the Proposal.
This announcement is dated 21 October 2020.
| Company Name | EKOVEST BERHAD |
| Stock Name | EKOVEST |
| Date Announced | 21 Oct 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-21102020-00078 |