TANCO

0.150

+0.005 (+3.4%)

OTHERS TANCO HOLDINGS BERHAD ("THB" OR "THE COMPANY") SUPPLEMENTAL AGREEMENT TO THE FACILITATION FUND AGREEMENT BETWEEN THE GOVERNMENT OF MALAYSIA, BANK PEMBANGUNAN MALAYSIA BERHAD AND PALM SPRINGS DEVELOPMENT SDN BHD, AN INDIRECT WHOLLY OWNED SUBSIDIARY OF THB

TANCO HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
TANCO HOLDINGS BERHAD ("THB" OR "THE COMPANY")

SUPPLEMENTAL AGREEMENT TO THE FACILITATION FUND AGREEMENT BETWEEN THE GOVERNMENT OF MALAYSIA, BANK PEMBANGUNAN MALAYSIA BERHAD AND PALM SPRINGS DEVELOPMENT SDN BHD, AN INDIRECT WHOLLY OWNED SUBSIDIARY OF THB

We refer to the announcement made by the Company on 20 November 2017 on the execution of the Facilitation Fund Agreement (“FFA”) by Palm Springs Development Sdn Bhd (“PSD”), an indirect wholly owned subsidiary of THB, with the Government of Malaysia as represented by the Public Private Partnership Unit, Prime Minister’s Department (“the Government”) and Bank Pembangunan Malaysia Berhad (“BPMB”).

 

The Board of Directors of THB wishes to announce that a Supplemental Agreement to the FFA (“SA”) has been duly executed by PSD, the Government and BPMB on 7 April 2021 to vary the terms and conditions of the FFA.

 

Please refer to the attachment for further details.

 

 

This announcement is dated 8 April 2021.




Please refer attachment below.



Announcement Info

Company Name TANCO HOLDINGS BERHAD
Stock Name TANCO
Date Announced 08 Apr 2021
Category General Announcement for PLC
Reference Number GA1-08042021-00108