ECA

0.155

(%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS ECA INTEGRATED SOLUTION BERHAD ("ECA" OR "THE COMPANY") - SHAREHOLDERS' AGREEMENT ENTERED INTO BETWEEN THE COMPANY, SUZHOU NACOTECH CO., LTD. AND ZHU BAI YU

ECA INTEGRATED SOLUTION BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
ECA INTEGRATED SOLUTION BERHAD ("ECA" OR "THE COMPANY")
- SHAREHOLDERS' AGREEMENT ENTERED INTO BETWEEN THE COMPANY, SUZHOU NACOTECH CO., LTD. AND ZHU BAI YU

(The definitions used in this announcement shall have the same meanings as defined in the announcement dated 20 December 2024 unless stated otherwise.)

Reference is made to the Company’s announcement dated 20 December 2024, the Company wishes to announce the following additional information:

 

1. The date of incorporation or registration of THRYDA

 

THRYDA is a private company limited by shares incorporated in China on 9 December 2024 and specializes in delivering innovative automation and testing equipment tailored to meet the diverse needs of industries ranging from electronics and manufacturing to automotive and healthcare.

 

2. Prospect of THRYDA

 

THRYDA is positioned to capitalise on China's rapid industrial growth and the increasing adoption of smart technologies, which are driving a surge in demand for smart automation and testing equipment. THRYDA develops and provides a diverse range of customized solutions, including PCBA, machining parts, sheet metal, sensors, cameras, and controllers, and these offerings are complemented by comprehensive maintenance and upgrading services that enhance client operational efficiency and equipment performance. In view of the foregoing, THRYDA is positioned to meet the needs of key industries such as electronics, automotive, manufacturing, and healthcare while adapting to technological advancements and market changes.

 

The entry into the Agreement enables the Company to expand its operations into China, by leveraging the expertise of those experienced in the domestic market. This partnership is expected to support growth, innovation, and income diversification for ECA, and may enhance the enlarged Group’s overall competitive position in the market.

 

This announcement is dated 26 December 2024.






Announcement Info

Company Name ECA INTEGRATED SOLUTION BERHAD
Stock Name ECA
Date Announced 26 Dec 2024
Category General Announcement for PLC
Reference Number GA1-24122024-00022