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MEMORANDUM OF UNDERSTANDING Memorandum of Understanding between Tex Cycle (P2) Sdn Bhd and Usaha Strategik Sdn Bhd

TEX CYCLE TECHNOLOGY (M) BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
Memorandum of Understanding between Tex Cycle (P2) Sdn Bhd and Usaha Strategik Sdn Bhd

We refer to the Company’s announcement on 23 June 2020, 2 October 2020 17 February 2021, 2 June 2021, 30 August 2021, 30 November 2021, 25 February 2022 and 25 May 2022 pertaining to the Memorandum of Understanding entered with Usaha Strategik Sdn Bhd towards a strategic partnership to collaborate and conduct their respective and collective organisations’ business for the success of their entry into the new and global markets to be mutually agreed. Unless otherwise defined, the definitions set out in the previous announcement shall apply herein.

 

The Board of Directors of the Company wishes to inform that due to Covid-19 pandemic, both parties are still negotiating on the terms of the collaboration. Any material development will be announced accordingly.

 

This announcement is dated 18 August 2022.






Announcement Info

Company Name TEX CYCLE TECHNOLOGY (M) BERHAD
Stock Name TEXCYCL
Date Announced 18 Aug 2022
Category General Announcement for PLC
Reference Number GA1-18082022-00068


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