OTHERS

Reference Number GA1-04122019-00016

Company Name Stock Name Date Announced
WZ SATU BERHAD WZSATU 16 Dec 2019
WZ SATU BERHAD

OTHERS WZ Satu Berhad (“the Company” or “WZ Satu”) – Supplemental Agreement entered between Sinergi Dayang Sdn. Bhd., the wholly-owned subsidiary of Cekap Semenanjung Sdn. Bhd., PR1MA Corporation Malaysia and Barisan Arena Sdn. Bhd.

WZ SATU BERHAD
Type Announcement
Subject OTHERS
Description WZ Satu Berhad (“the Company” or “WZ Satu”) – Supplemental Agreement entered between Sinergi Dayang Sdn. Bhd., the wholly-owned subsidiary of Cekap Semenanjung Sdn. Bhd., PR1MA Corporation Malaysia and Barisan Arena Sdn. Bhd.
The Board of Directors of the Company wishes to announce that Sinergi Dayang Sdn. Bhd. (“Sinergi Dayang”), the wholly-owned subsidiary of Cekap Semenanjung Sdn. Bhd. (“Cekap Semenanjung”) which is also an indirect wholly-owned subsidiary of WZ Satu, had on 13 December 2019 entered into a Supplemental Agreement to the Master En-Bloc Purchase Agreement dated 18 March 2016 (“the Supplemental Agreement“) with PR1MA Corporation Malaysia (“PR1MA Corporation”) and Barisan Arena Sdn. Bhd. (“Barisan Arena”) (PR1MA Corporation, Sinergi Dayang and Barisan Arena shall hereinafter collectively be referred to as “the Parties”) to recommence the development of the Project (as defined in the attachment) in the manner and upon the terms set out in the Supplemental Agreement.

Please refer to the attached file for details of the announcement.

This announcement is dated 16 December 2019.

Please refer attachment below.

Attachments

WZ Satu Berhad – Supplemental Agreement (attachment).pdf 45.8 kB