TECHNAX

0.010

-0.005 (-33.3%)

OTHERS TECHNA-X BERHAD ("TXB") - HEADS OF AGREEMENT WITH 5G INFRA TECH SOLUTION SDN. BHD. (FORMERLY KNOWN AS NMS ENGINEERING SDN. BHD.)

TECHNA-X BERHAD

Type Announcement
Subject OTHERS
Description
TECHNA-X BERHAD ("TXB") 
- HEADS OF AGREEMENT WITH 5G INFRA TECH SOLUTION SDN. BHD. (FORMERLY KNOWN AS NMS ENGINEERING SDN. BHD.)

The Board of Directors of TXB wishes to announce that TXB through a consortium formed with the following parties, had on 17 January 2022 entered into a Heads of Agreement with 5G Infra Tech Solution Sdn. Bhd. (formerly known as NMS Engineering Sdn. Bhd.) (“Target Company”) to invest in the Target Company through redeemable convertible preference shares:-

 

  1. SMTrack Berhad [Registration No. 200401000918 (639421-X)];
  2. Country Heights Holding Berhad [Registration No. 198401006901 (119416-K)];
  3. Jiankun International Berhad [Registration No. 198301015973 (111365-U)];
  4. Sersol Berhad [Registration No. 200201034397 (602062-X)]; and
  5. MQ Technologies Berhad [Registration No. 200301033383 (635804-H)].

 

Please refer to the attachment for details of the announcement.

 

This announcement is dated 17 January 2022.   




Please refer attachment below.

Attachments

Heads of Agreement.pdf
84.8 kB

Press Release.pdf
93.8 kB



Announcement Info

Company Name TECHNA-X BERHAD
Stock Name TECHNAX
Date Announced 17 Jan 2022
Category General Announcement for PLC
Reference Number GA1-17012022-00078