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Ekovest Berhad Updates On Joint Venture And Shareholders’ Agreement With Malaysian Resources Corporation Berhad And Ekovest - MRCB Construction Sdn Bhd


Wednesday, 27 Mar 2013 05:46am EDT 

Ekovest Berhad announced that with reference to the earlier announcement dated February 21, 2013 in relation to the Joint Venture and Shareholders’ Agreement signed between Ekovest Berhad, Malaysian Resources Corporation Berhad (MRCB) and Ekovest - MRCB Construction Sdn Bhd and announced that Ekovest Berhad had on March 26, 2013 acquired and subscribed for 1,200,000 ordinary shares of RMB1.00 each at par value representing 60% of the issued and paid-up share capital of Ekovest – MRCB Construction Sdn Bhd with the remaining 800,000 ordinary shares subscribed by MRCB.