MEMORANDUM OF UNDERSTANDING DRB-HICOM BERHAD (DRB-HICOM OR THE COMPANY) - UPDATE ON THE STATUS OF MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN PERUSAHAAN OTOMOBIL NASIONAL SDN. BHD. ("PONSB") AND CHINA AUTOMOTIVE TECHNOLOGY AND RESEARCH CENTRE CO. LTD. ("CATARC")
DRB-HICOM BERHAD |
Type | Announcement |
Subject | MEMORANDUM OF UNDERSTANDING |
Description | DRB-HICOM BERHAD (DRB-HICOM OR THE COMPANY) - UPDATE ON THE STATUS OF MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN PERUSAHAAN OTOMOBIL NASIONAL SDN. BHD. ("PONSB") AND CHINA AUTOMOTIVE TECHNOLOGY AND RESEARCH CENTRE CO. LTD. ("CATARC") |
Reference is made to the Company’s announcements dated 7 January 2020, 7 April 2020, 7 July 2020 and 7 October 2020 in relation to the MOU between PONSB and CATARC (“Announcements”).
Unless otherwise defined, the definitions set out in the Announcements shall apply herein.
DRB-HICOM wishes to inform that PONSB and CATARC had on 6 January 2021 mutually agreed to extend the duration of the MOU for a further period that will be finalised in due course. All other terms and conditions of the MOU remain unchanged.
This announcement is dated 7 January 2021. |
Announcement Info
Company Name | DRB-HICOM BERHAD |
Stock Name | DRBHCOM |
Date Announced | 07 Jan 2021 |
Category | General Announcement for PLC |
Reference Number | GA1-07012021-00053 |