MEMORANDUM OF UNDERSTANDING SFP TECH HOLDINGS BERHAD ("SFP TECH" OR "THE COMPANY") - LAPSE OF MEMORANDUM OF UNDERSTANDING BETWEEN SFP TECH AND THE SHAREHOLDERS OF RPM HOLDINGS, INC. ("MOU")
| SFP TECH HOLDINGS BERHAD |
| Type | Announcement |
| Subject | MEMORANDUM OF UNDERSTANDING |
| Description | SFP TECH HOLDINGS BERHAD ("SFP TECH" OR "THE COMPANY") - LAPSE OF MEMORANDUM OF UNDERSTANDING BETWEEN SFP TECH AND THE SHAREHOLDERS OF RPM HOLDINGS, INC. ("MOU") |
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Reference is made to the Company’s announcement dated 9 April 2025 (“Announcement”). Unless otherwise stated, defined terms used in this announcement shall have the same meanings as defined in the Announcement.
The Board of Directors of SFP Tech ("the Board") wishes to announce that after due discussion, both parties have decided not to proceed with the MOU. Accordingly, the MOU is deemed terminated with immediate effect.
Nevertheless, the Board will continue its effort to explore and evaluate other business collaboration as and when such opportunity arises.
The termination of this MOU is not expected to have any financial impact on the Company.
This announcement is dated 16 October 2025. |
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Announcement Info
| Company Name | SFP TECH HOLDINGS BERHAD |
| Stock Name | SFPTECH |
| Date Announced | 16 Oct 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-15102025-00057 |