PASUKGB

0.155

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MEMORANDUM OF UNDERSTANDING Pasukhas Group Berhad ("PGB" or "the Company") - Discontinuance of Memorandum of Understanding ("MOU") between Pasukhas Energy Sdn. Bhd. ("PESB"), a wholly-owned subsidiary of PGB, and IR Hariyanto.

PASUKHAS GROUP BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
Pasukhas Group Berhad ("PGB" or "the Company")
- Discontinuance of Memorandum of Understanding ("MOU") between Pasukhas Energy Sdn. Bhd. ("PESB"), a wholly-owned subsidiary of PGB, and IR Hariyanto.

Reference is made to the Company's announcements made on 11 July 2017, 28 August 2017, 23 November 2017, 22 February 2018, 28 May 2018, 23 August 2018, 26 November 2018, 28 February 2019, 28 May 2019, 22 August 2019, 25 November 2019, 25 February 2020, 30 June 2020 and 27 August 2020 pertaining to the MOU made between its wholly-owned subsidiary, PESB with IR Hariyanto ("the Vendor") for the proposed acquisition of 61% equity interest in the share capital of PT Indomuda Satria Internusa ("PT Indomuda") from the Vendor.

 

The Board of Directors ("Board") of the Company wishes to update that the Board, considering the parties are unable to complete the MOU, has taken the position to discontinue the MOU with immediate effect. 

 

The announcement is dated 30 November 2020.






Announcement Info

Company Name PASUKHAS GROUP BERHAD
Stock Name PASUKGB
Date Announced 30 Nov 2020
Category General Announcement for PLC
Reference Number GA1-27112020-00051