PRKCORP

0.500

(%)

PRACTICE NOTE 17 / GUIDANCE NOTE 3 : REGULARISATION PLAN

PERAK CORPORATION BERHAD

Type Announcement
Subject PRACTICE NOTE 17 / GUIDANCE NOTE 3
REGULARISATION PLAN
Description
PERAK CORPORATION BERHAD ("PERAK CORP" OR THE "COMPANY")

(I)	SHARE CAPITAL REDUCTION; 
(II)	JOINT DEVELOPMENT;
(III)	DISPOSALS OF HULU BERNAM LANDS;
(IV)	DISPOSAL OF HINTERLAND;
(V)	DISPOSAL OF ZONE 1 BANDAR MERU RAYA;
(VI)	ISSUANCE OF RPS-B;
(VII)	AMENDMENTS I; AND
(VIII)AMENDMENTS II

(COLLECTIVELY, THE "REGULARISATION PLAN")

Unless otherwise defined, the definitions set out in the previous announcements in relation to the Proposed Regularisation Plan shall apply herein.

 

On behalf of the Board, M&A Securities wishes to announce that the Company’s solicitors had vide its letter dated 3 March 2026 confirmed that all conditions precedent set out in the SA JVA III have been fulfilled. Accordingly, the SA JVA III have become unconditional, which marks the deemed completion of the Disposal of Zone 1 Bandar Meru Raya.

 

This announcement is dated 3 March 2026.






Announcement Info

Company Name PERAK CORPORATION BERHAD
Stock Name PRKCORP
Date Announced 03 Mar 2026
Category General Announcement for PLC
Reference Number GA1-03032026-00071