KEYASIC

0.050

-0.005 (-9.1%)

Asic Design Service Contracts Entered Into By Key Asic Berhad (Contracts)

KEY ASIC BERHAD

Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-07122022-00001
Subject Asic Design Service Contracts Entered Into By Key Asic Berhad (Contracts)
Description
KEY ASIC BERHAD ("KEY ASIC" OR "THE COMPANY")
- REPLY TO QUERY FROM BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") DATED 7 DECEMBER 2022 PERTAINING TO ASIC DESIGN SERVICE CONTRACTS ENTERED INTO BY KEY ASIC
Query Letter Contents

We refer to your Company’s announcement dated 6 December 2022, in respect of the aforesaid matter.

 

In this connection, kindly furnish Bursa Securities with the following additional information for public release:-

1. The nature and description of each of the two contracts.

2.  In relation to Item 3(a):

          i) The nature and description of the other part of each contract.

          ii) An explanation on how the contracts also involve sales of chips, in view that the two contracts are “design 

              service” contracts.

3. Whether the contracts are renewable. If so, for how many years.

4. The full name of the client.

 

Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.

 

Yours faithfully

LISTING

REGULATION

                                                                                                                                                                        

Cc : Market Surveillance Dept., Securities Commission (via fax)

We refer to the announcement made by the Company dated 6 December 2022 pertaining to ASIC Design Service Contracts entered into by Key ASIC (“Announcement”) and the query from Bursa Securities dated 7 December 2022 (IQL-07122022-00001) in relation to the Announcement (“Bursa Query”). Unless otherwise stated, all defined terms used in this announcement shall have the same meanings as those defined in the Announcement.

 

Please refer to the attachment below for the reply to the query letter from Bursa Securities.



Please refer attachment below.



Announcement Info

Company Name KEY ASIC BERHAD
Stock Name KEYASIC
Date Announced 09 Dec 2022
Category General Announcement for PLC
Reference Number GA1-09122022-00042