REDTONE

0.915

(%)

MEMORANDUM OF UNDERSTANDING REDtone International Berhad ("the Company") - Update on the Status of Memorandum of Understanding ("MOU") with Bangi Farm Resort Sdn. Bhd.

REDTONE INTERNATIONAL BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
REDtone International Berhad ("the Company") 
- Update on the Status of Memorandum of Understanding ("MOU") with Bangi Farm Resort Sdn. Bhd.

Reference is made to the Company's announcement dated 4 August 2018 in relation to the MOU entered into between its wholly-owned subsidiary, REDtone IOT Sdn. Bhd. and Bangi Farm Resort Sdn. Bhd. to jointly explore the development of smart farming solutions to increase the quality and production of durians in Malaysia.

The Board of Directors of the Company wishes to inform that the respective parties are still at early stages of discussions.

This Announcement is dated 20 September 2018.






Announcement Info

Company Name REDTONE INTERNATIONAL BERHAD
Stock Name REDTONE
Date Announced 20 Sep 2018
Category General Announcement for PLC
Reference Number GA1-14092018-00047