SWIFT

0.510

-0.005 (-1%)

MEMORANDUM OF UNDERSTANDING Swift Haulage Berhad ("SHB" or "Company") - Memorandum of Understanding ("MOU") between Swift Integrated Logistics Sdn. Bhd., a wholly-owned subsidiary of SHB, Sowatech Sdn. Bhd. and KP Port Services Sdn. Bhd.

SWIFT HAULAGE BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
Swift Haulage Berhad ("SHB" or "Company") - Memorandum of Understanding ("MOU") between Swift Integrated Logistics Sdn. Bhd., a wholly-owned subsidiary of SHB, Sowatech Sdn. Bhd. and KP Port Services Sdn. Bhd.
The Company wishes to announce that SHB's wholly-owned subsidiary, Swift Integrated Logistics Sdn. Bhd. (“Swift Integrated Logistics” or "Buyer") had on 11 January 2022 entered into MOU with Sowatech Sdn. Bhd. ("Sowatech") and KP Port Services Sdn. Bhd. ("KP Port") (hereinafter Sowatech and KP Port collectively known as “Sellers”), to confirm the Buyer’s interest in acquiring and the Sellers’ interest in disposing the entire equity interest of KP Depot Services Sdn. Bhd. [Registration No: 200201027611 (595274-X)] of which Sellers have 100% equity interests.

Please refer to the attachment for further details of the announcement.

This announcement is dated 11 January 2022.



Please refer attachment below.



Announcement Info

Company Name SWIFT HAULAGE BERHAD
Stock Name SWIFT
Date Announced 11 Jan 2022
Category General Announcement for PLC
Reference Number GA1-03012022-00051