HTPADU

1.890

-0.29 (-13.3%)

OTHERS HEITECH PADU BERHAD ("HeiTech" or 'the Company") - UNINCORPORATED JOINT VENTURE AGREEMENT BETWEEN HEITECH PADU BERHAD AND REGAL ORION SDN. BHD.

HEITECH PADU BERHAD

Type Announcement
Subject OTHERS
Description
HEITECH PADU BERHAD ("HeiTech" or 'the Company") - UNINCORPORATED JOINT VENTURE AGREEMENT BETWEEN HEITECH PADU BERHAD AND REGAL ORION SDN. BHD.

We refer to the announcement dated 26 November 2020 in relation to the Memorandum of Understanding between HeiTech Padu Berhad and Regal Orion Sdn. Bhd.

 

HeiTech Padu Berhad (“HeiTech” or “the Company”) wishes to announce that the Company has on 5 March 2021 entered into an unincorporated joint venture agreement (“JVA”) with Regal Orion Sdn. Bhd. ("RO”) (collectively referred to as the “Parties” and each as a “Party”) for the construction of a world class, Tier IV, next generation green data centre at the unused portion of land owned by HeiTech Padu Berhad at Lot 64221, Jalan Astaka U8/81, Shah Alam (“Bukit Jelutong land”). 

 

Further details on the JVA are set out in the attachment.

 

This announcement is dated 5 March 2021.




Please refer attachment below.



Announcement Info

Company Name HEITECH PADU BERHAD
Stock Name HTPADU
Date Announced 05 Mar 2021
Category General Announcement for PLC
Reference Number GA1-05032021-00073