General Announcement for PLC

14/07/2021

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RECURRENT RELATED PARTY TRANSACTIONS RECEIPT OF LETTER OF AWARDS FROM SHANTAWOOD SDN BHD

SAND NISKO CAPITAL BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
Description 
RECEIPT OF LETTER OF AWARDS FROM SHANTAWOOD SDN BHD

The Board of Directors of Sand Nisko Capital Berhad (“SNC” or the “Company”) (“Board”) wishes to announce the following recurrent related party transactions of a revenue and/or trading nature (“RRPTs”) are entered into between SNC and its related party, DPS Resources Berhad (“DPS”) on 14 July 2021.


On 14 July 2021, SNC, via its wholly-owned subsidiary, Len Cheong Industries Sdn Bhd (“LCI” or the “Contractor”) has accepted seven (7) Letter of Awards (“LOAs”) for construction works of projects with aggregate contract value of RM34.52 million from Shantawood Sdn Bhd (“SSB”), a wholly-owned subsidiary of DPS. The projects are located in Mukim Tanjong Minyak, Mukim Bukit Rambai and Mukim Krubong in the State of Melaka (“Projects”).

 

Please refer to the attached document for further details.

 

This announcement is dated 14 July 2021. 


Please refer attachment below.

Attachments

SNC - Letter of Awards.pdf
166.1 kB


Announcement Info

Company Name SAND NISKO CAPITAL BERHAD
Stock Name SNC
Date Announced 14 Jul 2021
Category General Announcement for PLC
Reference Number GA1-14072021-00057


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