NETX

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MEMORANDUM OF UNDERSTANDING NETX HOLDINGS BERHAD ("NETX" OR "THE COMPANY") - UPDATE ON THE STATUS OF THE MEMORANDUM OF UNDERSTANDING WITH LAMBOMOVE SDN. BHD. (FORMERLY KNOWN AS ORIENTED MEDIA SERVICES SDN. BHD. )

NETX HOLDINGS BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
NETX HOLDINGS BERHAD ("NETX" OR "THE COMPANY")
- UPDATE ON THE STATUS OF THE MEMORANDUM OF UNDERSTANDING WITH LAMBOMOVE SDN. BHD. (FORMERLY KNOWN AS ORIENTED MEDIA SERVICES SDN. BHD. )

(Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the announcements dated 6 April 2020 and 9 April 2020, respectively.)

 

Reference is made to the Company’s announcements dated 6 April 2020 and 9 April 2020, respectively.

 

NetX wishes to announce that the Parties have mutually agreed to extend the tenure to complete the Phase 1 of the MOU for a further duration of another 3 months in order for the Parties to further evaluate the consistent and sustainable delivery performance in relation to the Services.


This announcement is dated 30 July 2020.






Announcement Info

Company Name NETX HOLDINGS BERHAD
Stock Name NETX
Date Announced 30 Jul 2020
Category General Announcement for PLC
Reference Number GA1-30072020-00095