TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PROPOSED JOINT VENTURE BETWEEN ACGT VEGETABLE AGVENTURES SDN BHD AND SHOUGUANG VEGETABLE SCIENCE AND TECHNOLOGY SDN BHD TO DEVELOP APPROXIMATELY 70 ACRES OF LAND IN KULAI, JOHOR ("PROPOSED JV")
| GENTING PLANTATIONS BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | PROPOSED JOINT VENTURE BETWEEN ACGT VEGETABLE AGVENTURES SDN BHD AND SHOUGUANG VEGETABLE SCIENCE AND TECHNOLOGY SDN BHD TO DEVELOP APPROXIMATELY 70 ACRES OF LAND IN KULAI, JOHOR ("PROPOSED JV") |
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(Reference is made to the announcement dated 18 August 2025 in relation to the Proposed JV (“Announcement”). Unless otherwise defined, the definitions used herein shall have the same meanings as defined in the Announcement.)
The Board wishes to announce that the JV Parties have mutually agreed to extend the period for the fulfilment of the conditions precedent under the JVAs by six (6) months to 17 August 2026. This is to allow more time for the JV Parties to fulfil the conditions precedent stipulated in the JVAs including, inter-alia, to complete the valuation of the relevant technology, know-how and material, as well as the feasibility study of the JV Development Project.
This announcement is dated 13 February 2026. |
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Announcement Info
| Company Name | GENTING PLANTATIONS BERHAD |
| Stock Name | GENP |
| Date Announced | 13 Feb 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-11022026-00080 |