UNITRAD

0.310

-0.005 (-1.6%)

MEMORANDUM OF UNDERSTANDING UNITRADE INDUSTRIES BERHAD ("UIB" OR "THE COMPANY") - MEMORANDUM OF UNDERSTANDING BETWEEN SYARIKAT LOGAM UNITRADE SDN BHD, A WHOLLY OWNED SUBSIDIARY OF THE COMPANY, HUAWEI TECHNOLOGIES (MALAYSIA) SDN BHD AND JJ-LAPP (M) SDN BHD

UNITRADE INDUSTRIES BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
UNITRADE INDUSTRIES BERHAD ("UIB" OR "THE COMPANY") - MEMORANDUM OF UNDERSTANDING BETWEEN SYARIKAT LOGAM UNITRADE SDN BHD, A WHOLLY OWNED SUBSIDIARY OF THE COMPANY, HUAWEI TECHNOLOGIES (MALAYSIA) SDN BHD AND JJ-LAPP (M) SDN BHD

The Board of Directors of the Company (the “Board”) wishes to announce that Syarikat Logam Unitrade Sdn Bhd (“SYAL”), a wholly-owned subsidiary of UIB had on 22 January 2024, entered into a Memorandum of Understanding (“MoU”) with Huawei Technologies (Malaysia) Sdn Bhd (“Huawei”) and JJ-LAPP (M) Sdn Bhd (“JJ-LAPP”). The MoU aims to explore the business opportunities under Huawei’s cutting-edge Digital Power-Smart Photovoltaic (“PV”) solutions in fostering sustainability practices across residential as well as commercial and industrial (“C&I”) sectors. 

 

Please refer to the attachments in relation to the MoU and press release for further details.

 

This announcement is dated 23 January 2024. 




Please refer attachment below.



Announcement Info

Company Name UNITRADE INDUSTRIES BERHAD
Stock Name UNITRAD
Date Announced 23 Jan 2024
Category General Announcement for PLC
Reference Number GA1-23012024-00018