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OTHERS SAND NISKO CAPITAL BERHAD ("SNC" OR THE "COMPANY") AND ITS SUBSIDIARIES ("SNC GROUP" OR THE "GROUP") - HEADS OF AGREEMENT

SAND NISKO CAPITAL BERHAD

Type Announcement
Subject OTHERS
Description
SAND NISKO CAPITAL BERHAD ("SNC" OR THE "COMPANY") AND ITS SUBSIDIARIES ("SNC GROUP" OR THE "GROUP") - HEADS OF AGREEMENT

The Board of Directors of SNC (“Board”) wishes to announce that Len Cheong Industries Sdn Bhd (“Len Cheong”), a wholly-owned subsidiary of the Company, has on 9 May 2023 entered into a Heads of Agreement (“HOA”) with Evergreen More Sdn Bhd (“EMSB”) to set forth the intentions and commitments to establish a collaboration to undertake the mixed-use development project worth RM1.75 billion known as “Meswara City” at Alor Gajah, Melaka on the Development Lands (as defined in Section 2 of this announcement) (“Project”).

 

Please refer to the attachment for further details. 

 

This announcement is dated 9 May 2023.




Please refer attachment below.

Attachments

SNC - HOA with EMSB .pdf
132.0 kB



Announcement Info

Company Name SAND NISKO CAPITAL BERHAD
Stock Name SNC
Date Announced 09 May 2023
Category General Announcement for PLC
Reference Number GA1-09052023-00018