KAB

0.395

-0.005 (-1.2%)

OTHERS KEJURUTERAAN ASASTERA BERHAD [REGISTRATION NO. 199701005009 (120505-H)] (KAB OR THE COMPANY) - TERM SHEET FOR A JOINT VENTURE BETWEEN KAB TELCO SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND MRH EMPRIE SDN. BHD.

KEJURUTERAAN ASASTERA BERHAD

Type Announcement
Subject OTHERS
Description
KEJURUTERAAN ASASTERA BERHAD 
[REGISTRATION NO. 199701005009 (120505-H)] (KAB OR THE COMPANY)

- TERM SHEET FOR A JOINT VENTURE BETWEEN KAB TELCO SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND MRH EMPRIE SDN. BHD.
The Board of Directors of KAB wishes to announce that KAB Telco Sdn. Bhd. [Registration No. 202101025059 (1425359-X)] (“KABTEL”), a wholly-owned subsidiary of the Company had on 20 April 2022, entered into A Term Sheet dated 20 April 2022 (“Term Sheet”) with MRH Empire Sdn. Bhd. [Registration No. 201901042400 (1351730-M)] (“MRH”) to form a joint venture in respect of the identified projects and prospective projects.

KABTEL and MRH are collectively referred as “the Parties” or each “Party” as the case may be.

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

This announcemnet is dated 20 April 2022.



Please refer attachment below.



Announcement Info

Company Name KEJURUTERAAN ASASTERA BERHAD
Stock Name KAB
Date Announced 20 Apr 2022
Category General Announcement for PLC
Reference Number GA1-20042022-00015