rns23 Jun 2015 11:01
Resource Holding Management Limited PUCF subsidiary enters into new agreement
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TIDMRHM
RNS Number : 9396Q
Resource Holding Management Limited
23 June 2015
23 June 2015
Resource Holding Management Limited
("RHM" or the "Company")
PUCF subsidiary enters into renewable energy agreement
The Board of RHM (AIM:RHM) notes the announcement made on 22 June 2015 by PUC Founder (MSC) Berhad ("PUCF") regarding MaxGreen Energy Sdn. Bhd. ("MESB"), a wholly-owned subsidiary of PUCF, entering into a renewable energy power purchase agreement with Tenaga Nasional Berhad ("TNB"), under which MESB is to supply and deliver solar photovoltaic renewable energy to TNB for a Feed-in Tariff concession period of 21 years.
For further information, a copy of PUCF's announcement can be found here:
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4779297
RHM's wholly-owned subsidiary, RedHot Media International Limited, currently holds 493,168,402 ordinary shares in PUCF, which represents 46.28% of PUCF's issued share capital and 36,215,840 warrants to subscribe for new PUCF shares.
For further information please contact: