VIZIONE

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OTHERS VIZIONE HOLDINGS BERHAD (VIZIONE OR THE COMPANY) ACCEPTANCE OF LETTER OF AWARD FROM HARDIE DEVELOPMENT SDN. BHD.

VIZIONE HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
VIZIONE HOLDINGS BERHAD (VIZIONE OR THE COMPANY)
ACCEPTANCE OF LETTER OF AWARD FROM HARDIE DEVELOPMENT SDN. BHD.

For consistency purposes, the abbreviations used in this announcement are the same as those previously defined in the announcement dated 7 December 2023 (Announcement) unless otherwise defined herein.

 

Reference is made to the Company’s Announcement pertaining to the Acceptance of Letter of Award from Hardie Development Sdn. Bhd.

 

The Board wishes to provide the following additional information:

 

1. Stage and Percentage of Completion of Development Works

 

According to HDSB, the joint venture agreement dated 11 April 2003 between HDSB and Supernesa Sdn. Bhd. includes a total of ten (10) phases of development, which HDSB had completed 2 phases of development thus far. The contract awarded to BPSB is the third phase.

 

2. Directors and Shareholders of HDSB

 

The Directors of HDSB are Mr. Tang Boon Koon and Mr. Yee Yit Yang. HDSB is a wholly owned subsidiary of Permaju Industries Berhad (PIB).

 

Information on PIB

 

PIB [Registration No.: 199601006711 (379057-V)] was incorporated as a public company incorporated under the laws of Malaysia and listed on the Main Market of Bursa Malaysia Securities Berhad. Its principal activities are provision of management services and investment holding.

 

3. Directors of BPSB

 

The Directors of BPSB are Mr. Goon Mong Yee, Mr. Chong Yee Hing and Datuk Chong Loong Men.

 

4. Expected commencement date of the Project

 

The expected commencement date of the Project is 1 January 2025.

 

This announcement is dated 13 December 2023.






Announcement Info

Company Name VIZIONE HOLDINGS BERHAD
Stock Name VIZIONE
Date Announced 13 Dec 2023
Category General Announcement for PLC
Reference Number GA1-13122023-00023