[ 23-12-2011 ]
EVERGREEN FIBREBOARD BERHAD (hereinafter referred to as “EFB” or “the Company”) ~ MEMORANDUM OF UNDERSTANDING BETWEEN EVERGREEN PLANTATION RESOURCES SDN. BHD. (“EPR” or “the Purchaser”); AND TEH HO ANN, MUHD FAISAL BIN MOHD ARIFF, AMIN BIN MAIDU AND SEMAN BIN BUANG (“the Vendors”) in JASA WIBAWA SDN. BHD (“JW”)
General Announcement
Reference No CC-111223-59561

Company Name
:
EVERGREEN FIBREBOARD BERHAD  
Stock Name
:
EVERGRN  
Date Announced
:
23/12/2011  


Type
:
Announcement
Subject
:
MEMORANDUM OF UNDERSTANDING
Description
:
EVERGREEN FIBREBOARD BERHAD (hereinafter referred to as “EFB” or “the Company”)
~ MEMORANDUM OF UNDERSTANDING BETWEEN EVERGREEN PLANTATION RESOURCES SDN. BHD. (“EPR” or “the Purchaser”); AND TEH HO ANN, MUHD FAISAL BIN MOHD ARIFF, AMIN BIN MAIDU AND SEMAN BIN BUANG (“the Vendors”) in JASA WIBAWA SDN. BHD (“JW”)

Announcement Details/Table Section :

Refer to the announcement made on 12 August 2011 in respect of the Memorandum Of Understanding between Evergreen Plantation Resources Sdn. Bhd. (“EPR” or “the Purchaser”); and Teh Ho Ann, Muhd Faisal Bin Mohd Ariff, Amin Bin Maidu And Seman Bin Buang (“the Vendors”) in Jasa Wibawa Sdn. Bhd (“JW”)

The Board of EFB wish to further announce that all conditions precedent stipulated in the Memorandum of Understanding have been complied except for condition precedent 3.4.1(e) receipt by the first parties of the written approval from the Department of Environment and JPNJ on the Environment Management Plan on the said Land on terms acceptable to the Purchaser (“said condition precedent”).

Hence, the said approval period for the fulfillment of the said condition precedent has been extended to 15 January 2012.                    

Further update will be made in due course.