MEMORANDUM OF UNDERSTANDING DRB-HICOM BERHAD ("DRB-HICOM" OR "THE COMPANY") - UPDATE ON THE STATUS OF MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN DRB-HICOM AND MALAYSIA AUTOMOTIVE, ROBOTICS AND IOT INSTITUTE ("MARII")
DRB-HICOM BERHAD |
Type | Announcement |
Subject | MEMORANDUM OF UNDERSTANDING |
Description | DRB-HICOM BERHAD ("DRB-HICOM" OR "THE COMPANY") - UPDATE ON THE STATUS OF MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN DRB-HICOM AND MALAYSIA AUTOMOTIVE, ROBOTICS AND IOT INSTITUTE ("MARII") |
Reference is made to the Company’s announcements dated 7 January 2020 and 7 April 2020 in relation to the MOU between DRB-HICOM and MARii (“Announcement”).
Unless otherwise defined, the definitions set out in the Announcement shall apply herein.
DRB-HICOM wishes to inform that it is still in the midst of discussion with MARii to finalise the definitive collaboration agreement. Any material and significant development will be updated accordingly. Save as disclosed above, all provisions contained in the MOU shall remain in full force and effect.
This announcement is dated 7 July 2020. |
Announcement Info
Company Name | DRB-HICOM BERHAD |
Stock Name | DRBHCOM |
Date Announced | 07 Jul 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-07072020-00008 |