General Announcement for PLC

29/03/2019

OTHERS WIDAD GROUP BERHAD ("WIDAD" OR "COMPANY") (FORMERLY KNOWN AS IDEAL JACOBS (MALAYSIA) CORPORATION BERHAD) CONSORTIUM AGREEMENT BETWEEN WIDAD BUILDERS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF WIDAD AND TRANZ-I RESOURCES SDN BHD ("CONSORTIUM AGREEMENT")

WIDAD GROUP BERHAD

Type Announcement
Subject OTHERS
Description
WIDAD GROUP BERHAD ("WIDAD" OR "COMPANY") (FORMERLY KNOWN AS IDEAL JACOBS (MALAYSIA) CORPORATION BERHAD)

CONSORTIUM AGREEMENT BETWEEN WIDAD BUILDERS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF WIDAD AND TRANZ-I RESOURCES SDN BHD ("CONSORTIUM AGREEMENT")

The Board of Directors of Widad wishes to announce that Widad Builders Sdn Bhd (“WBSB”), a wholly-owned subsidiary of Widad, had on 29 March 2019 entered into a Consortium Agreement with Tranz-I Resources Sdn Bhd (“Tranz-I”) to form their relationship, rights and obligations as a consortium (the “Consortium”) to pursue and secure rail and rail related business prospects in Malaysia (the “Project”).

 

Please refer to attachment below for details of the Consortium Agreement.




Please refer attachment below.

Attachments

Widad - Consortium Agreement.pdf
182.0 kB



Announcement Info

Company Name WIDAD GROUP BERHAD
Stock Name WIDAD
Date Announced 29 Mar 2019
Category General Announcement for PLC
Reference Number GA1-28032019-00130


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