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
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Please refer attachment below.
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 |