MEMORANDUM OF UNDERSTANDING PUC BERHAD ("PUC" OR THE "COMPANY") - UPDATE ON THE STATUS OF MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN PRESTO CREDIT SDN BHD AND JIRNEXU SDN BHD
| PUC BERHAD |
| Type | Announcement |
| Subject | MEMORANDUM OF UNDERSTANDING |
| Description | PUC BERHAD ("PUC" OR THE "COMPANY")
- UPDATE ON THE STATUS OF MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN PRESTO CREDIT SDN BHD AND JIRNEXU SDN BHD |
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Reference is made to the Company’s announcement dated 13 July 2021 in relation to the MOU (“Announcement”). Unless otherwise defined, the definitions set out in the Announcement shall apply herein.
PUC wishes to announce that Presto Credit Sdn Bhd (“PRCMY”), an indirect wholly-owned subsidiary of PUC and Jirnexu Sdn Bhd (“Jirnexu”) had on 13 October 2021 entered into a master service agreement for the provision of Lending-as-a-Service (“LAAS”) by Jirnexu to PRCMY (“MSA”).
It is the intent of the Parties that the MOU shall cease upon the execution of the MSA.
Please refer to the attachment for further information.
This announcement is dated 13 October 2021. |
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Please refer attachment below.
Announcement Info
| Company Name | PUC BERHAD |
| Stock Name | PUC |
| Date Announced | 13 Oct 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-13102021-00048 |