MEMORANDUM OF UNDERSTANDING MEMORANDUM OF UNDERSTANDING ENTERED BETWEEN RTS TECHNOLOGY HOLDINGS BERHAD ("RTS" OR THE "COMPANY") WITH EXCEEZ TECHNOLOGIES SDN BHD ("ETSB"), PAMA SOLUTIONS SDN BHD ("PSSB") AND WORLDORY SDN BHD ("WSB") IN RELATION TO THE PROPOSED ACQUISITION BY RTS OF 2,300,000 ORDINARY SHARES IN WORK AT CLOUD SDN BHD ("WAC")
| RTS TECHNOLOGY HOLDINGS BERHAD |
| Type | Announcement |
| Subject | MEMORANDUM OF UNDERSTANDING |
| Description | MEMORANDUM OF UNDERSTANDING ENTERED BETWEEN RTS TECHNOLOGY HOLDINGS BERHAD ("RTS" OR THE "COMPANY") WITH EXCEEZ TECHNOLOGIES SDN BHD ("ETSB"), PAMA SOLUTIONS SDN BHD ("PSSB") AND WORLDORY SDN BHD ("WSB") IN RELATION TO THE PROPOSED ACQUISITION BY RTS OF 2,300,000 ORDINARY SHARES IN WORK AT CLOUD SDN BHD ("WAC") |
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The Board of Directors of RTS (“Board”) wishes to announce that the Company (“Purchaser”) had on 14 April 2025 entered into a memorandum of understanding (“MOU”) with Exceez Technologies Sdn Bhd (“ETSB”), Pama Solutions Sdn Bhd (“PSSB”) and Worldory Sdn Bhd (“WSB”) (collectively referred to as “Vendors”) in relation to the proposed acquisition by RTS of 2,300,000 ordinary shares in Work At Cloud Sdn Bhd (“WAC”) (“Sale Shares”), representing 100% equity interest in WAC (“Proposed Acquisition”).
The details of the announcement are set out in the attachment below.
This announcement is dated 14 April 2025. |
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Please refer attachment below.
Announcement Info
| Company Name | RTS TECHNOLOGY HOLDINGS BERHAD |
| Stock Name | RTSTECH |
| Date Announced | 14 Apr 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-13042025-00003 |