MTRONIC

0.015

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OTHERS METRONIC GLOBAL BERHAD (METRONIC or THE COMPANY) SUBSCRIPTION AND JOINT VENTURE AGREEMENT BETWEEN METRONIC AND EARTHTECH ENERGY SDN BHD AND MR CHEW KENG YAW

METRONIC GLOBAL BERHAD

Type Announcement
Subject OTHERS
Description
METRONIC GLOBAL BERHAD (METRONIC or THE COMPANY)
SUBSCRIPTION AND JOINT VENTURE AGREEMENT BETWEEN METRONIC AND EARTHTECH ENERGY SDN BHD AND MR CHEW KENG YAW

Reference is made to the Company’s announcement dated 2 July 2021 in relation to the Memorandum of Agreement entered between the Company with Earthtech Energy Sdn Bhd (“ET”) (collectively with the Company, to be referred as the “Parties” or “Shareholders”).

 

The Board of Directors of Metronic is pleased to announce that the Company had on 15 October 2021 entered into a Subscription and Joint Venture Agreement (“the SJV Agreement”) with ET and Mr Chew Keng Yaw to regulate their joint venture arrangement to undertake the business activities of carrying out the design, research and development, production and/or installation of solar power equipment to be marketed and sold as well as to provide after-sales services support thereafter.

 

Please refer to the attachment for further details.

 

This announcement is dated 15 October 2021.




Please refer attachment below.



Announcement Info

Company Name METRONIC GLOBAL BERHAD
Stock Name MTRONIC
Date Announced 15 Oct 2021
Category General Announcement for PLC
Reference Number GA1-15102021-00093