SENDAI

0.520

-0.035 (-6.3%)

MEMORANDUM OF UNDERSTANDING EVERSENDAI SIGNS MOU WITH ALGIHAZ HOLDING CONSTRUCTION FOR SAUDI ARABIA - UPDATE ON THE STATUS OF MEMORANDUM OF UNDERSTANDING ("MOU")

EVERSENDAI CORPORATION BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
EVERSENDAI SIGNS MOU WITH ALGIHAZ HOLDING CONSTRUCTION FOR SAUDI ARABIA -
UPDATE ON THE STATUS OF MEMORANDUM OF UNDERSTANDING ("MOU")

Reference is made to the Company’s announcement dated 12 October 2023 in relation to the MOU between Eversendai Resources Sdn Bhd (“ERSB”), a wholly owned subsidiary of Eversendai Corporation Berhad, and Algihaz Holding Construction (“Algihaz”) (“Announcement”).

 

The Board of Directors of Eversendai Corporation Berhad wishes to update that ERSB, a wholly owned subsidiary of Eversendai Corporation Berhad, had on 28 September 2023, entered into a Memorandum of Understanding with Algihaz whereby ERSB and Algihaz intend to establish a joint venture partnership company to execute structural steel projects in the Kingdom of Saudi Arabia (“KSA”).

 

Please refer to the attachment for further information.

 

 

 

This announcement is dated 17 October 2023.




Please refer attachment below.



Announcement Info

Company Name EVERSENDAI CORPORATION BERHAD
Stock Name SENDAI
Date Announced 17 Oct 2023
Category General Announcement for PLC
Reference Number GA1-17102023-00064