EDGENTA

0.950

-0.015 (-1.6%)

MEMORANDUM OF UNDERSTANDING UEM EDGENTA BERHAD ("UEM EDGENTA" OR THE "COMPANY") - STATUS OF THE MEMORANDUM OF UNDERSTANDING ("MOU") ENTERED INTO BETWEEN JABATAN KERJA RAYA SARAWAK AND OPUS INTERNATIONAL (M) BERHAD, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, FOR THE SETTING UP OF CENTRE OF EXCELLENCE FOR PAVEMENT RESEARCH

UEM EDGENTA BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
UEM EDGENTA BERHAD ("UEM EDGENTA" OR THE "COMPANY")
- STATUS OF THE MEMORANDUM OF UNDERSTANDING ("MOU") ENTERED INTO BETWEEN JABATAN KERJA RAYA SARAWAK AND OPUS INTERNATIONAL (M) BERHAD, AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, FOR THE SETTING UP OF CENTRE OF EXCELLENCE FOR PAVEMENT RESEARCH

Reference is made to the Company’s announcements dated 28 November 2019, 26 February 2020, 21 May 2020, 26 August 2020, 25 November 2020, 25 February 2021, 27 May 2021 and 26 August 2021 in relation to the MOU between Jabatan Kerja Raya Sarawak (“JKR Sarawak”) and Opus International (M) Berhad (“OIMB”), an indirect wholly-owned subsidiary of the Company (“Announcements”).

 

Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

UEM Edgenta wishes to announce that as of to-date, the collaboration between JKR Sarawak and OIMB will progress with conducting a pilot project in the future. Therefore, both parties have mutually agreed that the MOU shall lapse and expire on 26 November 2021 and shall be of no further force and effect (“Expiry of MOU”).

 

The Expiry of MOU will not have any material financial impact on the Company and its subsidiaries.

 

This announcement is dated 25 November 2021.






Announcement Info

Company Name UEM EDGENTA BERHAD
Stock Name EDGENTA
Date Announced 25 Nov 2021
Category General Announcement for PLC
Reference Number GA1-25112021-00024