SAPURA RESOURCES BERHAD (“SRB”)
(I) PROPOSED ACQUISITION OF 50% EQUITY INTEREST IN IMPIAN BEBAS SDN BHD BY SRB FROM KLCC (HOLDINGS) SDN BHD (“KLCCH”) FOR A CASH CONSIDERATION OF RM108,507,960 PURSUANT TO THE JOINT VENTURE AGREEMENT DATED 19 JULY 2011 AND THE SUPPLEMENTAL JOINT VENTURE AGREEMENT DATED 31 DECEMBER 2013 ENTERED INTO BETWEEN SRB AND KLCCH; AND
(II) PROPOSED DIVERSIFICATION INTO PROPERTY DEVELOPMENT consequential TO THE PROPOSED Joint Venture
On behalf of the Board of Directors of SRB, Maybank Investment Bank Berhad wishes to announce that at the Extraordinary General Meeting (“EGM”) of SRB held today, the shareholders of SRB had approved all the resolutions as set out in the Notice of EGM dated 4 June 2014.
This Announcement is dated 19 June 2014.