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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS DPS RESOURCES BERHAD ("DPS" OR "COMPANY") PROPOSED JOINT VENTURE BETWEEN DPS ENERGY SDN BHD ("DPSE" OR THE "DEVELOPER") A WHOLLY-OWNED SUBSIDIARY OF DPS AND MUTIARA MAHAJUTA SDN BHD (REPRESENTING A GROUP OF INDIVIDUAL LANDOWNERS) ("MUTIARA" OR THE "LANDOWNER") FOR AGRO-TOURISM, CROPS, BIO-FARM, RENEWABLE ENERGY, SOLAR FARM AND AQUA-PHONICS IN THE STATE OF MELAKA ("PROPOSED JV")

DPS RESOURCES BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
DPS RESOURCES BERHAD ("DPS" OR "COMPANY")

PROPOSED JOINT VENTURE BETWEEN DPS ENERGY SDN BHD ("DPSE" OR THE "DEVELOPER") A WHOLLY-OWNED SUBSIDIARY OF DPS AND MUTIARA MAHAJUTA SDN BHD (REPRESENTING A GROUP OF INDIVIDUAL LANDOWNERS) ("MUTIARA" OR THE "LANDOWNER") FOR AGRO-TOURISM, CROPS, BIO-FARM, RENEWABLE ENERGY, SOLAR FARM AND AQUA-PHONICS IN THE STATE OF MELAKA ("PROPOSED JV")

The Board of Directors of DPS (“Board”) wishes to announce that DPSE, a wholly-owned subsidiary of DPS, had on 15 November 2023  entered into a Joint Venture Agreement (“JVA”) with Mutiara Mahajuta Sdn Bhd, a company limited in shares has been granted by the landowners of the land (the “Individual Landowners”)  located in Mukim of Bukit Apit II, Daerah Alor Gajah, State of Melaka measuring in an area of approximately 190.09 acres. (“Land”) being the right to do the agro-tourism, crops, bio-farm, renewable energy, solar farm, aqua-phonics.

 

Please refer to the attached document for further details.

 

This announcement is dated 15 November 2023. 




Please refer attachment below.

Attachments

JVA.pdf
192.6 kB



Announcement Info

Company Name DPS RESOURCES BERHAD
Stock Name DPS
Date Announced 15 Nov 2023
Category General Announcement for PLC
Reference Number GA1-15112023-00028



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