ILB

0.635

(%)

MEMORANDUM OF UNDERSTANDING MEMORANDUM OF UNDERSTANDING BETWEEN IL ENERGY SDN BHD (REGISTRATION NO. 201501022593 (1147922-W)) AND SHUN HING OVERSEAS INVESTMENT LIMITED (COMPANY NO. 496833)

INTEGRATED LOGISTICS BHD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
MEMORANDUM OF UNDERSTANDING BETWEEN IL ENERGY SDN BHD (REGISTRATION NO. 201501022593 (1147922-W)) AND SHUN HING OVERSEAS INVESTMENT LIMITED (COMPANY NO. 496833)

(Unless otherwise stated, definitions used in this announcement shall carry the same meanings as defined in the announcement dated 23 July 2019).

 

Further to the Company’s announcement made on 23 July 2019, the board of directors of the Company wishes to announce that its indirect wholly owned subsidiary, IL Power Sdn Bhd (Registration No. 201501022872(1148201-K)) had on 16 January 2020 received an outcome letter dated 6 January 2020 from the Energy Commission of Malaysia informing that its bid for the LSS3 Project was not successful. Hence, the MOU entered into between IL Energy and SHOL will no longer be valid and will terminate with immediate effect.

 

This announcement is dated 17 January 2020.






Announcement Info

Company Name INTEGRATED LOGISTICS BHD
Stock Name ILB
Date Announced 17 Jan 2020
Category General Announcement for PLC
Reference Number GA1-17012020-00027