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MEMORANDUM OF UNDERSTANDING Memorandum of Understanding Between JHM Consolidation Berhad and MASS Precision, Inc.

JHM CONSOLIDATION BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
Memorandum of Understanding Between JHM Consolidation Berhad and MASS Precision, Inc.

Reference is made to the announcements dated 15 October 2020, 16 October 2020 and 14 January 2021 in relation to the Memorandum of Understanding (“MOU”) between JHM Consolidation Berhad (“JHM” or “the Company”) and MASS Precision, Inc. (“MASS”) (“Announcements”).

 

Unless otherwise stated, all definitions used throughout this announcement shall have the same meaning as defined in the earlier Announcements.

 

The Board of Directors of the Company wishes to inform that a joint venture company by the name Mass Precision Sdn Bhd (“MASB”) has been incorporated on 10 February 2021. The shareholders of MASB are as follows :-

 

Shareholders % of shareholding
JHM 30.0
MASS 70.0
  100.0

 

With the incorporation of MASB, the MOU is deemed to have fulfilled its purpose and henceforth expires.

 

This announcement is dated 10 February 2021.






Announcement Info

Company Name JHM CONSOLIDATION BERHAD
Stock Name JHM
Date Announced 10 Feb 2021
Category General Announcement for PLC
Reference Number GA1-10022021-00023


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