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Kuchai Development Berhad (“Kuchai” or the “Company”) Termination of Memorandum of Understanding

KUCHAI DEVELOPMENT BERHAD

Type

Announcement
SubjectKuchai Development Berhad (“Kuchai” or the “Company”)
Termination of Memorandum of Understanding

Contents :

With reference to the announcement dated 16 December 2005 on the Memorandum of Understanding between Kuchai and The Nyalas Rubber Estates Limited (“Nyalas”) dated 31 March 2005 (“MOU”), Kuchai had on 10 March 2006 received a letter from Nyalas withdrawing from further negotiations and discussions pursuant to the MOU and terminating the MOU with immediate effect.


The Board of Directors will be identifying alternatives to comply with Paragraph 8.15(1) and Paragraph 8.16A of the Listing Requirements of Bursa Malaysia Securities Berhad.

This announcement is dated 13 March 2006.



Announcement Info

Company NameKUCHAI DEVELOPMENT BERHAD  
Stock Name KUCHAI    
Date Announced13 Mar 2006  
CategoryGeneral Announcement
Reference NoOD-060313-46143


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