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BackApr 19, 2011
Type Announcement
Subject OTHERS
Description RIMBUNAN SAWIT BERHAD (“RSB” OR THE “COMPANY”)

MEMORANDUM

We refer to the announcements dated 11 February 2011 and 28 February 2011 in relation to the memorandum entered into between R.H. Plantation Sendirian Berhad (“RHP”), a wholly owned subsidiary of RSB, and Sheba Resources Sendirian Berhad (“Sheba Resources”) with an intention to acquire a parcel of land with oil palm plantation situated at Lot 56, Sawai Land District with an area of approximately 4,857 hectares (“Memorandum”).

On behalf of the Board of Directors of RSB, MIMB Investment Bank Berhad wishes to announce that further to the Memorandum, RHP and Sheba Resources have mutually agreed in writing to extend the time to enter into a sale and purchase agreement for the aforesaid proposal by 3 June 2011.

A detailed announcement will be released upon the signing of the sale and purchase agreement.

This announcement is dated 19 April 2011.

 


Announcement Info

Company Name RIMBUNAN SAWIT BERHAD  
Stock Name RSAWIT    
Date Announced 19 Apr 2011  
Category General Announcement
Reference No MM-110419-64098

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