MEMORANDUM OF UNDERSTANDING Memorandum of Understanding between Tex Cycle (P2) Sdn Bhd and Usaha Strategik Sdn Bhd
TEX CYCLE TECHNOLOGY (M) BERHAD |
Type | Announcement |
Subject | MEMORANDUM OF UNDERSTANDING |
Description | Memorandum of Understanding between Tex Cycle (P2) Sdn Bhd and Usaha Strategik Sdn Bhd |
We refer to the Company’s announcement on 23 June 2020, 2 October 2020 17 February 2021, 2 June 2021, 30 August 2021, 30 November 2021, 25 February 2022, 25 May 2022 and 18 August 2022, pertaining to the Memorandum of Understanding entered with Usaha Strategik Sdn Bhd towards a strategic partnership to collaborate and conduct their respective and collective organisations’ business for the success of their entry into the new and global markets to be mutually agreed. Unless otherwise defined, the definitions set out in the previous announcement shall apply herein.
The Board of Directors of the Company wishes to inform that due to Covid-19 pandemic, both parties are still negotiating on the terms of the collaboration. Any material development will be announced accordingly.
This announcement is dated 17 November 2022. |
Announcement Info
Company Name | TEX CYCLE TECHNOLOGY (M) BERHAD |
Stock Name | TEXCYCL |
Date Announced | 17 Nov 2022 |
Category | General Announcement for PLC |
Reference Number | GA1-17112022-00065 |