IQZAN

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OTHERS IQZAN HOLDING BERHAD (Formerly known as IRE-TEX CORPORATION BERHAD) ("IQZAN" OR "THE COMPANY") Machinery & Parts Distributorship Strategic Cooperation Framework Agreement ("SCFA") between Jumbo Universe Sdn. Bhd., a wholly owned subsidiary of the Company and Zhengzhou Thoyu Import & Export Trading Co. Ltd. ("Thoyu Group" or "Thoyu")

IQZAN HOLDING BERHAD

Type Announcement
Subject OTHERS
Description
IQZAN HOLDING BERHAD (Formerly known as IRE-TEX CORPORATION BERHAD) ("IQZAN" OR "THE COMPANY")

Machinery & Parts Distributorship Strategic Cooperation Framework Agreement ("SCFA") between Jumbo Universe Sdn. Bhd., a wholly owned subsidiary of the Company and Zhengzhou Thoyu Import & Export Trading Co. Ltd. ("Thoyu Group" or "Thoyu")

The Board of Directors of the IQZAN wish to announce that on 7th January 2020, Jumbo Universe Sdn. Bhd., a wholly owned subsidiary of the Company had entered into a Machinery and Parts Distributorship Strategic Cooperation Framework Agreement (“SCFA”) with Zhengzhou Thoyu Import & Export Trading Co, Limited, (“Thoyu Group” or “Thoyu), for distributorship and joint venture in automatic press pallet manufacturing machinery products and services in South East Asia. Malaysia will be the master distribution center for Thoyu in the region, with special focus and exclusive distributorship in Thailand, Vietnam and Cambodia. 

 

Please refer to the attached document for further details.

 

This announcement is dated 8th January, 2020

 

 




Please refer attachment below.

Attachments

General Announcement - SCFA.pdf
106.9 kB



Announcement Info

Company Name IQZAN HOLDING BERHAD
Stock Name IQZAN
Date Announced 08 Jan 2020
Category General Announcement for PLC
Reference Number GA1-08012020-00092