PUC

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MEMORANDUM OF UNDERSTANDING PUC BERHAD ("PUC" OR THE "COMPANY") - UPDATE ON THE STATUS OF MEMORANDUM OF UNDERSTANDING BETWEEN PRESTO UNIVERSE SDN BHD (FORMERLY KNOWN AS PUC VENTURES SDN BHD) AND BONUSKAD LOYALTY SDN BHD

PUC BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
PUC BERHAD ("PUC" OR THE "COMPANY")

- UPDATE ON THE STATUS OF MEMORANDUM OF UNDERSTANDING BETWEEN PRESTO UNIVERSE SDN BHD (FORMERLY KNOWN AS PUC VENTURES SDN BHD) AND BONUSKAD LOYALTY SDN BHD

Reference is made to the Company’s announcements dated 8 January 2020 and 8 April 2020 in relation to the MOU (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

PUC wishes to announce that Presto Mall Sdn Bhd (formerly known as Celcom Planet Sdn Bhd) (“PMSB”), an associate company of Presto Universe Sdn Bhd (formerly known as PUC Ventures Sdn Bhd) (“PUSB”), a wholly-owned subsidiary of PUC and BonusKad Loyalty Sdn Bhd (“BLSB”) had on 29 April 2020 entered into a gift supply agreement where PMSB will supply to members of BonusLink (“BonusLink Members”) a list of gift items which shall be updated from time to time by PMSB for points redemption (“Gift Supply Agreement”). The points redemption is part of BLSB’s multi-party customer loyalty programme known as BonusLink Loyalty Programme (“BonusLink®”).

 

Please refer to the attachment for additional information.

 

 

This announcement is dated 29 April 2020.




Please refer attachment below.



Announcement Info

Company Name PUC BERHAD
Stock Name PUC
Date Announced 29 Apr 2020
Category General Announcement for PLC
Reference Number GA1-29042020-00051