We refer to our announcements made on 10 July 2023, 11 January 2024 and 15 March 2024 respectively for the award of the Head Contract (International) Two Phase and Minor Works Contract (International) from Australian Department of Defence, Commonwealth of Australia in respect of the design and construct for the Butterworth Infrastructure Project at Royal Malaysian Air Force (RMAF) Base Butterworth, Penang, Malaysia (“Contract”) and a Joint Venture Agreement between Fajarbaru Builder Sdn Bhd (“FBSB”) and Avionics Pty Ltd (“APL”) for the Contract.
The Board of Directors of Fajarbaru Builder Group Bhd. (“FBG” or “the Company”) wishes to announce that the Parties to the Contract have on 28 May 2024 agreed to enter into a Deed of Amendment No. 2 (“DOA No. 2”) to amend the Contract on the terms of the Deed including the amendment on the Planning Phase Milestone, to defer the Date for Delivery Phase Approval, to delete references to the Early Works from the Head Contract, and to vary the scope of the Minor Works Contract.
Further details on the DOA No. 2 are set out in the attachment.
This announcement is dated 28 May 2024.