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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS FINTEC GLOBAL BERHAD ["FINTEC" or "the Company"] - PROPOSED SUPPLY AND INSTALLATION OF POWER AND COOLING SYSTEM, NETWORKING SET UP AND CONFIGURATION SOFTWARE, FIREWALL SYSTEM, MERAKI CLOUD MANAGED NETWORKING SOLUTION AND REMOTE/ON-SITE SUPPORT TO FINTEC GLOVE SDN. BHD. BY ARIANTEC SDN. BHD.

FINTEC GLOBAL BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
FINTEC GLOBAL BERHAD ["FINTEC" or "the Company"]
- PROPOSED SUPPLY AND INSTALLATION OF POWER AND COOLING SYSTEM, NETWORKING SET UP AND CONFIGURATION SOFTWARE, FIREWALL SYSTEM, MERAKI CLOUD MANAGED NETWORKING SOLUTION AND REMOTE/ON-SITE SUPPORT TO FINTEC GLOVE SDN. BHD. BY ARIANTEC SDN. BHD.

The Board of Directors of FINTEC wishes to announce that its wholly-owned subsidiary, FINTEC Glove Sdn. Bhd. (“FINTEC Glove”), had on 30 November 2021 accepted the terms and conditions for the proposed supply and installation of Power and Cooling System, Networking Set Up and Configuration Software, Firewall System, Meraki Cloud Managed Networking Solution and Remote/On-Site Support by Ariantec Sdn. Bhd. (“Ariantec”) to be installed for the new glove factory located at Jalan Chepor 11/8, Kawasan Perusahaan Seramik Chepor, 31200 Mukim Hulu Kinta, Daerah Kinta, Perak for a total estimated consideration of RM4,964,077.38 (“Proposed Supply and Installation”) upon completion of the construction of the new glove factory on 28 February 2022.

 

Please refer to the attachment for more details.




Please refer attachment below.



Announcement Info

Company Name FINTEC GLOBAL BERHAD
Stock Name FINTEC
Date Announced 30 Nov 2021
Category General Announcement for PLC
Reference Number GA1-30112021-00082


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