TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS QES GROUP BERHAD (QES OR THE COMPANY) - JOINT VENTURE AGREEMENT ENTERED BETWEEN THE COMPANY'S WHOLLY-OWNED SUBSIDIARY, QES MANUFACTURING SDN. BHD. AND ELECTRONIC INTERFACE COMPANY, INC. DOING BUSINESS AS (dba) APPLIED ENGINEERING, INC.
| QES GROUP BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | QES GROUP BERHAD (QES OR THE COMPANY) - JOINT VENTURE AGREEMENT ENTERED BETWEEN THE COMPANY'S WHOLLY-OWNED SUBSIDIARY, QES MANUFACTURING SDN. BHD. AND ELECTRONIC INTERFACE COMPANY, INC. DOING BUSINESS AS (dba) APPLIED ENGINEERING, INC. |
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With reference to the announcement dated 4 May 2021 in relation to the memorandum of understanding entered into between the Company's wholly-owned subsidiary, QES Manufacturing Sdn Bhd (“QMG”) with Electronic Interface Company, Inc. dba Applied Engineering, Inc. (“AE”). The Board of Directors of QES Group Berhad (“the Board”) wishes to announce that QMG had on 13 July 2021 entered into a Joint Venture Agreement (“JV Agreement”) with AE. Details of the Agreement are set out in the file attached. |
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Please refer attachment below.
Announcement Info
| Company Name | QES GROUP BERHAD |
| Stock Name | QES |
| Date Announced | 15 Jul 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-14072021-00071 |