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MEMORANDUM OF UNDERSTANDING MEMORANDUM OF UNDERSTANDING BETWEEN CHUAN HUAT INDUSTRIAL MARKETING SDN BHD AND AKISAMA CONSTRUCTION SDN BHD AND IMPIANIKA DEVELOPMENT SDN BHD (MOU)
CHUAN HUAT RESOURCES BHD
Type
Announcement
Subject
MEMORANDUM OF UNDERSTANDING
Description
MEMORANDUM OF UNDERSTANDING BETWEEN CHUAN HUAT INDUSTRIAL MARKETING SDN BHD AND AKISAMA CONSTRUCTION SDN BHD AND IMPIANIKA DEVELOPMENT SDN BHD (MOU)
Reference is made to Chuan Huat Resources Berhad’s (“CHRB” or the “Company”) announcement dated 19 December 2018.
The Board of Directors of, the Company wishes to announce that the MOU entered into between Chuan Huat Industrial Marketing Sdn Bhd, a wholly-owned subsidiary of Chuan Huat Steel Sdn Bhd which in turn is a wholly-owned subsidiary of the Company with Akisama Construction Sdn Bhd and Impianika Development Sdn Bhd is still in progress with no material change.