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OTHERS APPOINTMENT OF YHS RESOURCES SDN BHD TO CARRY OUT PRELIMINARY OR PREPARATORY WORKS AND A PROPOSED BAUXITE MINING OPERATION ON DAMANSARA REALTY (PAHANG) SDN. BHD.'S LANDS LOCATED IN MUKIM SUNGAI KARANG, DAERAH KUANTAN, PAHANG DARUL MAKMUR

DAMANSARA REALTY BHD

Type Announcement
Subject OTHERS
Description
APPOINTMENT OF YHS RESOURCES SDN BHD TO CARRY OUT PRELIMINARY OR PREPARATORY WORKS AND A PROPOSED BAUXITE MINING OPERATION ON DAMANSARA REALTY (PAHANG) SDN. BHD.'S LANDS LOCATED IN MUKIM SUNGAI KARANG, DAERAH KUANTAN, PAHANG DARUL MAKMUR

The Board of Directors of Damansara Realty Berhad (“DBHD” or “the Company”) wishes to announce that its 80% subsidiary, Damansara Realty (Pahang) Sdn. Bhd. (“DRP”) had on 1
September 2020 entered into a Project Term Sheet with YHS Resources Sdn. Bhd. (“YHS”) for the purpose of carrying out the preliminary and preparatory works upon fulfilling the Condition Precedents below, including but not limited to obtaining the necessary permits and licenses for bauxite mining activities, prior to carrying out the conditional Bauxite Mining
Activities on DRP’s Lands located in Mukim Sungai Karang, Daerah Kuantan, Pahang Darul Makmur.

 

Please refer to the attached announcement for further details.

 

This announcement is dated 1 September 2020.




Please refer attachment below.



Announcement Info

Company Name DAMANSARA REALTY BHD
Stock Name DBHD
Date Announced 01 Sep 2020
Category General Announcement for PLC
Reference Number GA1-01092020-00140