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Memorandum of Understanding between BKCB and Charter Built Sdn Bhd

BINTAI KINDEN CORPORATION BERHAD

Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-02122021-00001
Subject Memorandum of Understanding between BKCB and Charter Built Sdn Bhd
Description
BINTAI KINDEN CORPORATION BERHAD ("BKCB" or "COMPANY")
REPLY TO BURSA MALAYSIA QUERY
(REFERENCE NO. IQL-02122021-00001)
MEMORANDUM OF UNDERSTANDING BETWEEN BKCB AND CHARTER BUILT SDN BHD
Query Letter Contents

We refer to your Company’s announcement dated 1 December 2021, in respect of the aforesaid matter.


In this connection, kindly furnish Bursa Securities with the following additional information for public release:-

 

1) The postal address or identification (lot, title number, relevant mukim, district and state) of the industrial land;

2) The identity of the owner of the industrial land;

3) The details of approvals required from the relevant authorities for the development of the industrial land, and the status of approval todate;

4) The types of development that is planned to be undertaken under the joint development;

5) The detailed basis to arrive at the potential gross development value (“GDV”) of the industrial land of not less than RM700,000,000;and

6) The details of past experience and expertise of BKCB Group in undertaking major property development projects, including the name of the projects, types of development, role of BKCB Group in those projects, and the GDV for each of the projects.

 

Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.

 

Yours faithfully,


Listing

Regulation
 

 

Cc : Market Surveillance Dept. , Securities Commission (via fax)

For details of this announcement, kindly refer to the attachment.

 

This announcement is dated 6 December 2021.



Please refer attachment below.



Announcement Info

Company Name BINTAI KINDEN CORPORATION BERHAD
Stock Name BINTAI
Date Announced 06 Dec 2021
Category General Announcement for PLC
Reference Number GA1-06122021-00016




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