Reference is made to the announcements made by the Company on 14 August 2015 and 4 August 2016. Unless otherwise stated, words and expressions used in the said announcement shall have the same meaning as those attributed to them in this announcement.
The Company wishes to announce that the validity of the LOA has been extended by the State Government to 31 August 2017 vide its letter dated 28 February 2017 which was duly accepted by the SRS Consortium on 15 March 2017.
Save and except for the abovementioned, all terms and conditions of the LOA remain unchanged.
The Company will make the appropriate announcement to Bursa Securities as and when there is a material development in relation to the Project.
This announcement is dated 15 March 2017.