The Board of Directors of Central Global Berhad (“CGB” or “Company”) wishes to announce that Proventus Bina Sdn. Bhd. (“PBSB”), a 51% owned sub-subsidiary of the Company had on 2 March 2020 accepted a letter of award from the unrelated party, Simbol Era Sdn. Bhd. in respect of main building works for one (1) block thirty-four (34) storey residential apartments comprising:-
(i) 24 Tingkat Pangsapuri - 282 units (Tingkat 10 - 33)
(ii) 1 Tingkat Kemudahan Masyarakat - Podium (Tingkat 9)
(iii) 1 Tingkat Lif Lobi (Tingkat G)
(iv) 8 Tingkat Tempat Letak Kenderaan (Tingkat 1 - Tingkat 8)
on Lot 542, 543 dan 544, Gerbang Bukit Kecil 2, Mukim 12, Daerah Barat Daya, Pulau Pinang for Prisma Bumiraya Sdn. Bhd.
Please refer to the attachment for details of the announcement.
This announcement is dated 2 March 2020.