Bursa Announcements

May 27, 2013
SBC CORPORATION BERHAD ("SBC") JOINT VENTURE AGREEMENT ("JVA") IN RESPECT OF THE JESSELTON WATERFRONT PROJECT
 

SBC CORPORATION BERHAD ("SBC") JOINT VENTURE AGREEMENT ("JVA") IN RESPECT OF THE JESSELTON WATERFRONT PROJECT

SBC CORPORATION BERHAD

Type Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID NE-130523-36768
Subject SBC CORPORATION BERHAD ("SBC")
JOINT VENTURE AGREEMENT ("JVA") IN RESPECT OF THE JESSELTON WATERFRONT PROJECT
Description We refer to our announcement dated 23 May 2013 in respect of the JVA and are pleased to furnish additional information for public release as set out in the attachment.
Query Letter Contents We refer to your announcement dated 21 May 2013, in respect of the aforesaid
Joint Venture.

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

To incorporate background information on the Development Land and Jesselton
Waterfront Project;
To further elaborate salient terms of the Joint Venture Agreement ("JVA");
To state SBC's portion of the Net Sale Value and basis in arriving at SBC's
portion;
To also state whether the JVA is subject to approval of any relevant
authorities or an appropriate negative statement; and
5. We noted from Suria Capital Holdings Berhad's announcement dated 22 May 2013
that the JVA is subject to SBC shareholders' approval. To check and ensure
consistency with Suria Capital Holdings Berhad announcement.


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

Yours faithfully



MARZUKI MAIDIN
Senior Manager, Issuers
Listing Division
Regulation

MZM

Copy to: General Manager & Head, Market Surveillance Department, Securities
Commission (via fax)


Announcement Info

Company Name SBC CORPORATION BERHAD  
Stock Name SBCCORP    
Date Announced 27 May 2013  
Category General Announcement
Reference No CC-130527-91655


KLSE.com.my

Detail from Bursa Malaysia.