News
Memorandum Of Understanding
BackJul 26, 2011
| Type | Announcement |
| Subject | MEMORANDUM OF UNDERSTANDING |
| Description | The Board of Directors of Rimbunan Sawit Berhad (“RSB”) wishes to announce that RSB's 85% owned subsidiary, Burung Tiong Helicopter Sdn. Bhd. ("BTH") had on 26 July 2011 entered into a Memorandum of Understanding (“MOU”) with Helitech Aviation Services Sdn. Bhd. (“HAS”) with an intention to appoint and engage HAS to fly, maintain and provide management and administrative services in respect of one (1) brand new EC120 B Helicopter together with optional equipment and documentation, for and on behalf of BTH for a consideration sum of RM201,400.00 plus two (2) free flight hours for HAS's personal/commercial usage of the said Helicopter per month. This announcement is dated 26 July 2011. |
Announcement Info
| Company Name | RIMBUNAN SAWIT BERHAD |
| Stock Name | RSAWIT |
| Date Announced | 26 Jul 2011 |
| Category | General Announcement |
| Reference No | CCS-110725-5CA79 |