PR1MA Corporation Malaysia signed a letter of intent to acquire 562 apartment units and 9 shoplot units from Cypark Resources Berhad (KLSE:CYPARK) and H.N. Ventures Sdn. Bhd. on February 12, 2016. The parties shall execute a definite contract within three months from the date of this letter of intent. The Project is expected to contribute positively to the future earnings of Cypark Resources. PR1MA Corporation Malaysia cancelled the acquisition of 562 apartment units and 9 shoplot units from Cypark Resources Berhad (KLSE:CYPARK) and H.N. Ventures Sdn. Bhd. on February 12, 2017.