TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS JOINT VENTURE BETWEEN ENCORP BERHAD ("ENCORP" or "THE COMPANY") AND LEMBAGA KEMAJUAN TANAH PERSEKUTUAN ("FELDA") TO DEVELOP AND BUILD HOUSING AND COMMERICAL UNITS TO BE KNOWN AS PERUMAHAN WARGA FELDA - FELDA CHUPING ("THE PROJECT") ("JOINT VENTURE")

ENCORP BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
JOINT VENTURE BETWEEN ENCORP BERHAD ("ENCORP" or "THE COMPANY") AND LEMBAGA KEMAJUAN TANAH PERSEKUTUAN ("FELDA") TO DEVELOP AND BUILD HOUSING AND COMMERICAL UNITS TO BE KNOWN AS PERUMAHAN WARGA FELDA - FELDA CHUPING ("THE PROJECT") ("JOINT VENTURE")

The Board of Directors of Encorp Berhad (“ENCORP” or “The Company”) is pleased to announce that it had on 22 March 2022 signed a Joint Venture Agreement (“JV Agreement”) with FELDA to jointly complete the development of the Project on the land belonging to FELDA held under H.S.(D) No. 10717, P.T. No. 398, Mukim of Padang Siding, District of Perlis, in the State of Perlis Indera Kayangan ("The Land").

Please refer to the attached document for further details.

This announcement is dated 22 March 2022.






Announcement Info

Company Name ENCORP BERHAD
Stock Name ENCORP
Date Announced 22 Mar 2022
Category General Announcement for PLC
Reference Number GA1-03032022-00019


Please refer attachment below.

  1. Encorp Berhad - JV Agreement 22.3.2022.pdf