General Announcement for PLC
14/09/2016OTHERS Letter of Award to Appoint Pangkal Teguh Sdn. Bhd. (PTSB), a 70% equity subsidiary of O&C Resources Berhad, as Project Management and Consultancy Services appointed by Yayasan Pahang for its project, Affordable Housing Development Scheme (AHDS), in the state of Pahang for Yayasan Pahang (YP)
O&C RESOURCES BERHAD |
Type | Announcement |
Subject | OTHERS |
Description | Letter of Award to Appoint Pangkal Teguh Sdn. Bhd. (PTSB), a 70% equity subsidiary of O&C Resources Berhad, as Project Management and Consultancy Services appointed by Yayasan Pahang for its project, Affordable Housing Development Scheme (AHDS), in the state of Pahang for Yayasan Pahang (YP) |
Unless otherwise defined, all defined terms used in the announcement shall have the same meaning as defined in the company announcements dated 8 September 2016. Reference is made to the Company’s announcement dated 8 September 2016 in relation to its 70% equity subsidiary, Pangkal Teguh Sdn. Bhd. (“PTSB”) having received a letter of award for its appointment as project management consultant (“PMC”) from Yayasan Pahang (“YP”) of Komplek Yayasan Pahang, Tanjung Lumpur, 26060 Kuantan, Pahang for its project, Affordable Housing Development Scheme (“AHDS”), in the state of Pahang which consist of approximately 25,000 units of residential properties. (“Project”) The Board of Directors of OCR wishes to provide the following additional information:- The Project will be implemented in various phases in the state of Pahang based on the demand of the market. The first phase of the development under the project will be situated at Penor, the location is near the Kuantan-Pekan district and approximately 35 km from the Kuantan town. The remaining areas for development will be identified according to the demand of houses by the purchasers. This development will consist mainly of single storey terrace and semi-detached houses. OCR will provide technical support which includes conducting feasibility study for identification of areas to be developed, design and planning of development, assist in marketing strategies and overall project management and implementation when it is required. This announcement is dated 14 September 2016. |
Announcement Info
Company Name | O&C RESOURCES BERHAD |
Stock Name | OCR |
Date Announced | 14 Sep 2016 |
Category | General Announcement for PLC |
Reference Number | GA1-14092016-00022 |