PRKCORP

0.445

(%)

OTHERS CONFIDENTIAL SETTLEMENT AGREEMENT AND MUTUAL RELEASE BETWEEN ANIMATION THEME PARK SDN BHD AND DREAMWORKS ANIMATION LLC

PERAK CORPORATION BERHAD

Type Announcement
Subject OTHERS
Description
CONFIDENTIAL SETTLEMENT AGREEMENT AND MUTUAL RELEASE BETWEEN ANIMATION THEME PARK SDN BHD AND DREAMWORKS ANIMATION LLC

This announcement should be read in conjunction with the earlier announcement of Perak Corporation Berhad (“PCB” or “the Company”) released to Bursa Malaysia Securities Berhad on 24 July 2019 [“Earlier Announcement”].

The terms used herein, unless the context otherwise states, shall bear the same meaning as those defined in the Earlier Announcement.

In relation to the Company’s announcement dated 24 July 2019, on behalf of the Board of Directors of the Company, we wish to furnish the following additional information for public release:

1.         Financial Effects of the Settlement Agreement

The Settlement Agreement is not expected to have any material effects on the net assets per share and earnings per share of the Company for the financial year ending 31 December 2019.

This announcement is dated 26 July 2019.






Announcement Info

Company Name PERAK CORPORATION BERHAD
Stock Name PRKCORP
Date Announced 26 Jul 2019
Category General Announcement for PLC
Reference Number GA1-26072019-00107