OTHERS ARK RESOURCES HOLDINGS BERHAD ("ARK" OR "COMPANY") TERMINATION OF JOINT VENTURE AGREEMENT BETWEEN ARK RESOURCES BERHAD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND JERNIH PROSPEKTIF SDN BHD
| ARK RESOURCES HOLDINGS BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | ARK RESOURCES HOLDINGS BERHAD ("ARK" OR "COMPANY")
TERMINATION OF JOINT VENTURE AGREEMENT BETWEEN ARK RESOURCES BERHAD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND JERNIH PROSPEKTIF SDN BHD |
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Unless otherwise stated, the terms and abbreviations used in this announcement shall have the same meaning as those defined in the announcement dated 26 May 2022.
The Board of Directors of ARK wishes to announce that ARK Resources Berhad (“Developer”), a wholly-owned subsidiary of the Company, has on 5 January 2026 terminated the Joint Venture Agreement dated 26 May 2022 with Jernih Prospektif Sdn Bhd (“Landowner”) as both parties are unable to reach a consensus on the development plan.
This announcement is dated 5 January 2026. |
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Announcement Info
| Company Name | ARK RESOURCES HOLDINGS BERHAD |
| Stock Name | ARK |
| Date Announced | 05 Jan 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-02012026-00067 |