Ivory Properties Group Berhad announced Binding Term Sheet with Eck Development Sdn Bhd for Proposed Joint Development of Residential Components at Airportcity and Aerotropolis, Kedah. Given that the Term Sheet shall constitute a legal, binding, and enforceable contract between IPGB and ECK, please provide the full details on the terms of the proposed joint development of the Project, including but not limited to, description of the Project (expected commencement and completion date of Project, entire development value, whether approval from the Federal Government (approval date, if any) has been obtained), contractual obligation and roles/responsibilities of the respective parties in the Project, cost and profit sharing arrangements and other matters. In respect of the Corporate Guarantee of MYR 1 billion, please provide the following: (i) Whether IPGB has the financial resources and capability to issue the CG; (ii) Risks exposure to IPGB and the safeguard that IPGB has put in place to mitigate the risks.