OTHERS UEM EDGENTA BERHAD ("UEM EDGENTA" OR "THE COMPANY") - TERMINATION OF JOINT VENTURE SHAREHOLDERS' AGREEMENT MADE BETWEEN UEM SUNRISE EDGENTA TMS SDN. BHD. ("UEMSET") AND TOWNSHIP MANAGEMENT SERVICES SDN. BHD. ("TMS")
| UEM EDGENTA BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | UEM EDGENTA BERHAD ("UEM EDGENTA" OR "THE COMPANY")
- TERMINATION OF JOINT VENTURE SHAREHOLDERS' AGREEMENT MADE BETWEEN UEM SUNRISE EDGENTA TMS SDN. BHD. ("UEMSET") AND TOWNSHIP MANAGEMENT SERVICES SDN. BHD. ("TMS") |
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Reference is made to the Company’s announcements dated 13 January 2016 and 12 February 2016 in relation to the Joint Venture Shareholders’ Agreement dated 13 January 2016 (“JVSHA”) entered into between UEMSET, an indirect 70% subsidiary of UEM Edgenta and TMS on 13 January 2016 to establish and operate Edgenta TMS Sdn Bhd (“ETSB”).
The Board of Directors of UEM Edgenta wishes to announce that UEMSET, an indirect 70% subsidiary of the Company had on 1 September 2019, entered into a Termination Agreement with TMS to terminate the JVSHA entered with TMS (“Termination Agreement/Termination”).
This announcement is dated 3 September 2019. |
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Please refer attachment below.
Announcement Info
| Company Name | UEM EDGENTA BERHAD |
| Stock Name | EDGENTA |
| Date Announced | 03 Sep 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-03092019-00053 |