TEOSENG

1.860

-0.03 (-1.6%)

MEMORANDUM OF UNDERSTANDING Memorandum of Agreement (MOA) between Teo Seng Capital Berhad [Registration No. 2000601013011 (732762-T) and Solarvest Holdings Berhad [Registration No. 201701033607(1247778-U)] for Investment in Solar Photovoltaic System

TEO SENG CAPITAL BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
Memorandum of Agreement (MOA) between Teo Seng Capital Berhad [Registration No. 2000601013011 (732762-T) and Solarvest Holdings Berhad [Registration No. 201701033607(1247778-U)] for Investment in Solar Photovoltaic System

We refer to the announcement dated 21 November 2019 pertaining to the MOA between Teo Seng Capital Berhad ("Teo Seng" or "the Company") and Solarvest Holdings Berhad ("Solarvest") for the investment in Solar Photovoltaic ("Solar PV") System.


The Board of Directors of Teo Seng wishes to inform that there is no other material development on the MOA since the last announcement, except for the Company is finailising the details of the Engineering, Procurement and Construction Agreement (“EPC Agreement”) with Solarvest in relation to the specification of the Solar PV System and the Terms of EPC Agreement.

 

This announcement is dated 13 February 2020.






Announcement Info

Company Name TEO SENG CAPITAL BERHAD
Stock Name TEOSENG
Date Announced 13 Feb 2020
Category General Announcement for PLC
Reference Number GA1-11022020-00074