NETX

0.125

-0.005 (-3.8%)

OTHERS NETX HOLDINGS BERHAD - COLLABORATION AGREEMENT WITH DGB NETWORKS SDN. BHD.

NETX HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
NETX HOLDINGS BERHAD 
- COLLABORATION AGREEMENT WITH DGB NETWORKS SDN. BHD.

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

 

Reference is made to the Company’s announcement made on 9 October 2020.

 

NETX Holdings Berhad wishes to further announce that pursuant to the Collaboration Agreement, DGB Networks will purchase up to 1,000 units of contactless payment terminals to aid cashless and e-wallet payment solutions from GEM Pay gradually and according to the deployment of smart machines. The estimated consideration for the disposal of up to 1,000 units of the contactless payment terminals to DGB Networks will be around RM700,000.

 

This announcement is dated 14 October 2020.






Announcement Info

Company Name NETX HOLDINGS BERHAD
Stock Name NETX
Date Announced 14 Oct 2020
Category General Announcement for PLC
Reference Number GA1-14102020-00086