General Announcement for PLC

20/07/2022

OTHERS GFM SERVICES BERHAD ("GFM") - HEADS OF AGREEMENT RELATING TO THE PROPOSED JOINT VENTURE BETWEEN GFM SERVICES BERHAD AND JUA JUARA SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF MAJUPERAK HOLDINGS BERHAD

GFM SERVICES BERHAD

Type Announcement
Subject OTHERS
Description 
GFM SERVICES BERHAD ("GFM")
- HEADS OF AGREEMENT RELATING TO THE PROPOSED JOINT VENTURE BETWEEN GFM SERVICES BERHAD AND JUA JUARA SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF MAJUPERAK HOLDINGS BERHAD

Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as defined in GFM’s announcement dated 17 January 2022 (“Announcement”).

 

The Board of Directors of GFM wishes to announce that GFM had on 20 July 2022 entered into a Supplemental Heads of Agreement (“Supplemental HOA”) with Jua Juara Sdn. Bhd. ("JJSB") to extend the Stop Date to 17 January 2023 (with an automatic renewal of six (6) months from the date of expiry of the extended Stop Date) for GFM and JJSB to enter into the JVA in relation to the Proposed Joint Venture.

 

Save for the above, all other terms and conditions in the HOA shall remain unchanged.

 

The Supplemental HOA is available for inspection at GFM’s registered office located at Level 5, Tower 8, Avenue 5, Horizon 2, Bangsar South City, 59200 Kuala Lumpur, Malaysia during normal business hours from Monday to Friday (except public holiday) for a period of 3 months from the date of this announcement.

 

This announcement is dated 20 July 2022.



Announcement Info

Company Name GFM SERVICES BERHAD
Stock Name GFM
Date Announced 20 Jul 2022
Category General Announcement for PLC
Reference Number GA1-18072022-00006


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