OTHERS: BRAHIM’S HOLDINGS BERHAD (“BRAHIMS” OR THE “COMPANY”) HEADS OF AGREEMENT BETWEEN BRAHIMS AND MRI VC BERHAD

Type Announcement
Subject OTHERS
Description
BRAHIM'S HOLDINGS BERHAD ("BRAHIMS" OR THE "COMPANY")

HEADS OF AGREEMENT BETWEEN BRAHIMS AND MRI VC BERHAD

The Board of Directors of Brahims wishes to announce that the Company had on 20 December 2019, entered into a Heads of Agreement (“HOA“) with MRI VC Berhad (formerly known as UZ Catering Berhad)(“MRI“) to set out the basis of MRI’s participation in the proposed regularisation plan to be undertaken by the Company to regularise its condition as an affected listed issuer after triggering the Prescribed Criteria pursuant to Paragraph 2.1(a) of Practice Note 17 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. 

 

Please refer to the attachment below for further details of the HOA.

 

This announcement is dated 20 December 2019.