May 12, 2010
Settlement Agreement between Landmarks Engineering & Development Sdn Bhd ("LED") and Ikatan Cekap Sdn Bhd, both subsidiaries of Landmarks Berhad, and Perbadanan Kemajuan Ekonomi Negeri Perlis ("PKENP") and Pens Holdings Sdn Bhd ("PENS")
We refer to the announcement dated 23 February 2010 on the Settlement Agreement with PKENP and PENS. All references used herein shall have the same meaning set out in the previous announcement unless otherwise indicated.
The Board of Directors of Landmarks Berhad wishes to announce that the final payment of RM2.35 million of the Agreed Sum has been received on 11 May 2010. Consequently, the Call Option will expire on 10 May 2012.
This announcement is dated 12 May 2010.
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