Analyst Research Report Snapshot

Title:

Flash Note – Benalec Hldgs (TRADING BUY) - Validity of binding term sheet extended by six months

Price:

$12.00

Provider:

Affin Investment Bank

Date:

12 Jun 2013

Pages:

2

Type:

AcrobatPDF

Companies referenced:

BENL.KL

Available for Immediate Download
Summary:

Parties first entered into a binding term sheet on 12 March 2013 Spektrum Kukuh Sdn Bhd, a 70% owned-subsidiary of Tanjung Piai Maritime Industries Sdn Bhd, which in turn is a wholly-owned subsidiary of Benalec Sdn Bhd, which in turn is a wholly-owned subsidiary of Benalec, had on 12 March 2013 entered into a binding term sheet with The State Secretary, Johor (Incorporated) and 1MY Strategic Oil Terminal Sdn Bhd to undertake the reclamation works and sale of approximately 1,000 acres of land off the coast of Tanjung Piai, Johor Darul Ta’zim for the purpose of constructing and operating a crude oil and petroleum storage facility together with a private jetty.

Why buy analyst research?

  • Institutional quality research
  • Available for Immediate Download
  • Detailed company or industry insight
  • Print or save
  • 24 hour customer support
Return to previous page without adding this item to your cart.
Email Customer Support.

About Analyst Research

Analyst research reports are available for immediate download after purchase. You will have unlimited access to the report for 24 hours after purchase, to download, print or save it as many times as you wish. Analyst Research provided by Reuters does not constitute investment advice, and is not endorsed by Reuters Research. This information is protected by copyright and intellectual property laws. More information on Analyst Research.