OTHERS LONG TERM SERVICE AGREEMENT IN RELATION TO ENGINEERING SERVICES AND CAPACITY BUILDING

## fields Subject :: OTHERS ## para The Company is pleased to announce that its wholly-owned subsidiary company, Kumpulan Ikram Sdn. Bhd. (“Ikram”) has entered into a long term service agreement with Datuk Bandar Kuala Lumpur (“DBKL”) for appointment of Ikram as service provider for a period of 5 years, effective from 30 March 2012 to 29 March 2017 (“Agreement”). ## para Under the Agreement, Ikram shall be providing engineering services and capacity building and such other services as may be agreed by DBKL and Ikram from time to time during the existence of the Agreement. ## para The appointment is non exclusive and can be extended for a further period of 5 years subject to mutual agreement between DBKL and Ikram. ## para The appointment is expected to contribute positively to the earnings and net assets of PB Group for the financial year ending 31 December 2012. ## para None of the Directors or major shareholders or persons connected to the Directors or major shareholders has any direct or indirect interest in the abovementioned appointment.