The Board of Directors (“Board”) of Texchem Resources Bhd. (“TRB”) refers to the announcements made by TRB on 22 November 2010, 22 February 2011, 20 May 2011, 22 August 2011 and 22 November 2011 in relation to the Memorandum of Understanding (“MoU”) between Texchem Food Sdn. Bhd., a wholly owned subsidiary of TRB and China National Chemical Fiber Corp.
The Board of TRB wishes to inform that there is no material development on the MoU since the last announcement.
This announcement is dated 22 February 2012.