Malaysian Resources Corporation Berhad (“MRCB” or “the Company”) wishes to announce that Kwasa Sentral Sdn Bhd (“KSSB”), a 70% owned subsidiary of MRCB and KD District Cooling System Sdn Bhd (“KDDCS”), a wholly-owned subsidiary of MRCB DCS Holding Sdn Bhd, which in turn is a wholly owned subsidiary of MRCB, has today entered into a Tenancy Agreement in respect of a Demised Premises (as defined herein) located within Bangunan Taman Kwasa Sentral, Persiaran Kwasa Sentral 3, Pusat Bandar Kwasa Damansara, 40150 Shah Alam, Selangor Darul Ehsan (“Building”) for initial term of 3 years with an option to renew for 7 subsequent terms of 3 years each and 1 succeeding term of 1 year with an estimated total consideration of RM62,197,430 (“the Transaction”).
Please refer to the attachment for the full announcement.