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OTHERS AGESON BERHAD (FORMERLY KNOWN AS PRINSIPTEK CORPORATION BERHAD) ("AGESON" OR "THE COMPANY") AWARD OF PURCHASE ORDER FROM GUANGZHOU KAISHENGDA INDUSTRIAL CO., LTD TO ESA PILE SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY FOR THE PURCHASE OF SAND, CONTRACT VALUE OF APPROXIMATELY RMB44.8 BILLION (EQUIVALENT TO APPROXIMATELY RM27.5 BILLION)

AGESON BERHAD

Type Announcement
Subject OTHERS
Description
AGESON BERHAD (FORMERLY KNOWN AS PRINSIPTEK CORPORATION BERHAD) 
("AGESON" OR "THE COMPANY")

AWARD OF PURCHASE ORDER FROM GUANGZHOU KAISHENGDA INDUSTRIAL CO., LTD TO ESA PILE SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY FOR THE PURCHASE OF SAND, CONTRACT VALUE OF APPROXIMATELY RMB44.8 BILLION (EQUIVALENT TO APPROXIMATELY RM27.5 BILLION)

The Board of Directors of Ageson (“Board”) wishes to announce that Esa Pile Sdn Bhd (“Esa Pile”), a wholly-owned subsidiary of the Company, had on 4 May 2020, accepted an award of purchase order from Guangzhou Kaishengda Industrial Co., Ltd (“GKI”) for the purchase of river sand and sea sand from Esa Pile for a period of 15 years, a contract value of approximately Renminbi (“RMB”) 44.8 billion (equivalent to approximately RM27.5 billion) ("PO").

 

The details of the announcement is attached. 

 

This announcement is dated 04 May 2020.




Please refer attachment below.



Announcement Info

Company Name AGESON BERHAD
Stock Name AGES
Date Announced 04 May 2020
Category General Announcement for PLC
Reference Number GA1-04052020-00028