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Saturday, March 1, 2008

Company Announcement: IRIS CORPORATION BERHAD (MESDAQ Market)

PROPOSED DISPOSAL AND LEASEBACK OF TWO PLOTS OF LEASEHOLD LAND LOCATED WITHIN TECHNOLOGY PARK MALAYSIA, KUALA LUMPUR TOGETHER WITH A FOUR AND A HALF (4 ½) STOREY OFFICE AND MANUFACTURING BUILDING TO MAPLETREE INDUSTRIAL FUND LTD (“PROPOSED DISPOSAL AND LEASEBACK”)
We refer to the announcements made on 11 July 2007, 20 September 2007, 5 October 2007, 31 October 2007 and 3 January 2008 in relation to the abovementioned Proposed Disposal and Leaseback. On behalf of the Board of Directors of ICB, OSK Investment Bank Berhad wishes to announce that ICB and Mapletree Industrial Fund Ltd had on 25 February 2008 mutually agreed to extend the period to negotiate on the terms of the definitive Sale and Purchase Agreement for a further two (2) months from 5 March 2008 to 4 May 2008.
(KLSE 26-2-2008)