DPHARMA

1.190

+0.03 (+2.6%)

OTHERS 1. TERM SHEET BETWEEN THE JOINT-STOCK COMPANY "MANAGEMENT COMPANY OF RUSSIAN DIRECT INVESTMENT FUND" AND DUOPHARMA (M) SENDIRIAN BERHAD ("DMSB"), A WHOLLY-OWNED SUBSIDIARY OF DUOPHARMA BIOTECH, FOR THE DISTRIBUTION OF THE "SPUTNIK V" VACCINE ("VACCINE") IN MALAYSIA; AND 2. TERM SHEET BETWEEN THE GOVERNMENT OF MALAYSIA AND DMSB, FOR THE SUPPLY OF THE VACCINE TO THE GOVERNMENT.

DUOPHARMA BIOTECH BERHAD

Type Announcement
Subject OTHERS
Description
1.	TERM SHEET BETWEEN THE JOINT-STOCK COMPANY "MANAGEMENT COMPANY OF RUSSIAN DIRECT INVESTMENT FUND" AND DUOPHARMA (M) SENDIRIAN BERHAD ("DMSB"), A WHOLLY-OWNED SUBSIDIARY OF DUOPHARMA BIOTECH, FOR THE DISTRIBUTION OF THE "SPUTNIK V" VACCINE ("VACCINE") IN MALAYSIA; AND

2.	TERM SHEET BETWEEN THE GOVERNMENT OF MALAYSIA AND DMSB, FOR THE SUPPLY OF THE VACCINE TO THE GOVERNMENT.

We refer to the announcements made on 26 January 2021, 25 February 2021, 11 March 2021 and 1 April 2021 in relation to the RDIF Term Sheet and the Government Term Sheet (“Announcements”). For consistency purposes, the abbreviations used in this announcement are the same as those previously defined in the Announcements unless otherwise defined herein.

 

The Board of Directors of Duopharma Biotech Berhad (“Duopharma Biotech”) wishes to announce the following:-

  1. RDIF and DMSB have agreed to extend the time under the RDIF Term Sheet to conclude the definitive RDIF Supply Agreement by 30 April 2021; and
  2. DMSB has agreed with the Government to extend the time under the Government Term Sheet to conclude the definitive Government Supply Agreement by 30 April 2021.

The RDIF Term Sheet and the Government Term Sheet are in the ordinary course of business of the Duopharma Biotech Group.

 

This announcement is dated 9 April 2021.






Announcement Info

Company Name DUOPHARMA BIOTECH BERHAD
Stock Name DPHARMA
Date Announced 09 Apr 2021
Category General Announcement for PLC
Reference Number GA1-09042021-00024