MEMORANDUM OF UNDERSTANDING Sinaran Advance Group Berhad ("SAG" or the "Company") Quarterly Update on Memorandum of Understanding ("MoU") entered into between Kanger International Berhad ("KIB") and K-Star Sports Limited ("K-Star") (the "Parties") in relation to the Appointment of K-Star, a wholly-owned subsidiaries of SAG or any one of the subsidiaries of SAG as the Sale Agent for Covid-19 vaccines in Malaysia
| SINARAN ADVANCE GROUP BERHAD |
| Type | Announcement |
| Subject | MEMORANDUM OF UNDERSTANDING |
| Description | Sinaran Advance Group Berhad ("SAG" or the "Company") Quarterly Update on Memorandum of Understanding ("MoU") entered into between Kanger International Berhad ("KIB") and K-Star Sports Limited ("K-Star") (the "Parties") in relation to the Appointment of K-Star, a wholly-owned subsidiaries of SAG or any one of the subsidiaries of SAG as the Sale Agent for Covid-19 vaccines in Malaysia |
Unless otherwise stated, all definitions and terms used in this announcement shall carry the same meanings as defined in the previous announcements made by the Company on the MoU on 26 October 2020, 28 October 2020, 11 November 2020, 20 November 2020, 25 February 2021, 10 March 2021 and 21 May 2021. Reference is made to the announcements pertaining to the MoU made between KIB and K-Star for the purpose of appointing K-Star (or subsidiary of SAG) as the sale agent of Covid-19 vaccines for the private clinics in Malaysia. Pursuant to Paragraph 9.29 of the Main Market Listing Requirements (“Main LR”) of Bursa Securities, the Board of Directors of SAG wishes to inform that there is no material development pertaining to the MoU entered into between the Parties. Any material development will be announced to Bursa Securities in due course. This announcement is dated 30 September 2021. |
|
Announcement Info
| Company Name | SINARAN ADVANCE GROUP BERHAD |
| Stock Name | SINARAN |
| Date Announced | 30 Sep 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-15092021-00058 |