LUSTER

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OTHERS LUSTER INDUSTRIES BHD. ("LUSTER" OR "THE COMPANY") AWARD OF CONTRACT OF PROJECT FINANCING, MANAGEMENT & CONSTRUCTION FOR THE PROPOSED DEVELOPMENT OF A PORTION OF THE LAND KNOWN AS LOT NO. PT 711 MUKIM 12 DAERAH SEBERANG PERAI UTARA NEGERI PULAU PINANG

LUSTER INDUSTRIES BHD.

Type Announcement
Subject OTHERS
Description
LUSTER INDUSTRIES BHD. ("LUSTER" OR "THE COMPANY")

AWARD OF CONTRACT OF PROJECT FINANCING, MANAGEMENT & CONSTRUCTION FOR THE PROPOSED DEVELOPMENT OF A PORTION OF THE LAND KNOWN AS LOT NO. PT 711 MUKIM 12 DAERAH SEBERANG PERAI UTARA NEGERI PULAU PINANG

The Board of Directors of Luster wishes to announce that Luster Venture Sdn Bhd (“PFMCC”), a wholly-owned subsidiary of Luster Manufacturing Sdn. Bhd, which in turn a wholly-owned subsidiary of the Company had on 26 May 2017 entered into a Project Financing, Management & Construction agreement with GDW Mengkuang Sdn Bhd to appoint PFMCC to act as the project financier, project manager and contractor for the development of a portion of the land known as Lot No. PT 711 Mukim 12 Daerah Seberang Perai Utara Negeri Pulau Pinang (”Awarded Project”).

Further details of the Awarded Project as attached.

This announcement is dated 26 May 2017. 




Please refer attachment below.

Attachments

Announcement_PFMCC_Final.pdf
318.5 kB



Announcement Info

Company Name LUSTER INDUSTRIES BHD.
Stock Name LUSTER
Date Announced 26 May 2017
Category General Announcement for PLC
Reference Number GA1-25052017-00058