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MEMORANDUM OF UNDERSTANDING FINTEC GLOBAL BERHAD ["FINTEC" or "the Company"] - STATUS UPDATE ON THE MEMORANDUM OF AGREEMENT BETWEEN FINTEC GLOVE SDN. BHD. ("FINTEC GLOVE") AND ROBAYU CORPORATION SP. Z O.O.

FINTEC GLOBAL BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
FINTEC GLOBAL BERHAD ["FINTEC" or "the Company"]
- STATUS UPDATE ON THE MEMORANDUM OF AGREEMENT BETWEEN FINTEC GLOVE SDN. BHD. ("FINTEC GLOVE") AND ROBAYU CORPORATION SP. Z O.O.

(Unless defined otherwise, the definitions used throughout this announcement shall have the same meaning as defined in the initial announcement made on 20 January 2021.)

 

Reference is made to the Company’s announcement made on 20 January 2021, 31 March 2021 and 30 June 2021 pertaining to the Memorandum of Agreement (“MOA”) entered between Fintec Glove Sdn. Bhd. [Registration No. 202001025522 (1381842-A)], a wholly-owned subsidiary of FINTEC, and ROBAYU Corporation sp. z o.o. [NIP: 5311580976] to spearhead its sales and distribution of medical grade nitrile examination gloves in Warsaw, Poland and Eastern Europe.

 

The Board of Directors of FINTEC wishes to inform that there was no material development on the MOA subsequent to the mutual agreement on the extension of the duration of the MOA from 20 July 2021 to 19 October 2021. Further announcement(s) on the status of the MOA will be made accordingly in due course.

 

This announcement is dated 30 September 2021.






Announcement Info

Company Name FINTEC GLOBAL BERHAD
Stock Name FINTEC
Date Announced 30 Sep 2021
Category General Announcement for PLC
Reference Number GA1-28092021-00029


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