GRP LIMITEDStructure Agreement • July 28th, 2014
Contract Type FiledJuly 28th, 2014The Board of Directors of GRP Limited (the “Company” and together with its subsidiaries, the "Group") wishes to announce that the Company has signed a Framework Structure Agreement ("FSA") with Kanbawza Group of Companies Limited ("KBZ"), a company having its principal place of business in Myanmar on 26 July 2014 where KBZ will grant and the Company will acquire the land development right to develop an office cum commercial complex and residential apartments on a plot of approximately 4 acres of land situated on Kabaaye Pagoda Road, along with Kabaaye Pagoda Road, bounded by Kabaaye Pagoda Road, former Ministry of Heavy Industry No. (2) Compound, former Ministry of Agriculture Compound, and Gyo Phyu Water Supply Pipeline, in Mayangone Township, Yangon, Myanmar ("Proposed Investment").