DRBHCOM

1.360

-0.03 (-2.2%)

MEMORANDUM OF UNDERSTANDING DRB-HICOM BERHAD ("DRB-HICOM" OR "COMPANY") UPDATE ON THE STATUS OF MEMORANDOM OF UNDERSTANDING ENTERED INTO BETWEEN PROTON GLOBAL SERVICES SDN. BHD. ("PGS") AND SOLAROO SYSTEMS SDN. BHD. ("SOLAROO")

DRB-HICOM BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
DRB-HICOM BERHAD ("DRB-HICOM" OR "COMPANY")
UPDATE ON THE STATUS OF MEMORANDOM OF UNDERSTANDING ENTERED INTO BETWEEN PROTON GLOBAL SERVICES SDN. BHD. ("PGS") AND SOLAROO SYSTEMS SDN. BHD. ("SOLAROO")

Reference is made to the Company’s announcement dated 23 August 2022 in relation to the MOU between PGS and Solaroo (“Announcement”).

 

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

 

DRB-HICOM wishes to inform that PGS is still in the midst of discussion with Solaroo on the potential strategic cooperation with regard to the salient terms of the MOU. Any material and significant development will be updated accordingly. Save as disclosed above, all provisions contained in the MOU shall remain in full force and effect.

 

This announcement is dated 22 November 2022.






Announcement Info

Company Name DRB-HICOM BERHAD
Stock Name DRBHCOM
Date Announced 22 Nov 2022
Category General Announcement for PLC
Reference Number GA1-22112022-00016