Type | Reply to Query |
Reply to Bursa Malaysia's Query Letter - Reference ID | IQL-15092021-00001 |
Subject | JOINT VENTURE TERM SHEET |
Description |
REPLY TO QUERY FROM BURSA MALAYSIA SECURITIES BERHAD (BURSA SECURITIES) DATED 15 SEPTEMBER 2021 PERTAINING TO THE JOINT VENTURE TERM SHEET ENTERED INTO BETWEEN THE COMPANY AND YL GLOBAL VENTURES SDN. BHD. ("YLGV") |
Query Letter Contents |
We refer to your Company’s announcement dated 14 September 2021, in respect of the aforesaid matter. Kindly furnish Bursa Securities with the following additional information for public release:-
1) Background information of OTSAW Digital Pte Ltd (“OTSAW”) and iSenze Sdn Bhd including its principal business activities; 2) The nature and usage of the robots to be distributed by YLGV for OTSAW; 3) Detailed information on the principal activities of KAB-RAT in respect of the distribution of ultraviolet C disinfection system and other robotic solutions, including the nature of these products/services and explanation on how these products are to be used/adopted by hospitals, shopping malls, educational facilities, concert halls and other public areas and facilities; 4) The timeframe to enter into a definitive agreement; 5) The details of the first robotics hub in Malaysia that YLGV and KAB intend to establish, and the relevant authorities’ approval required to establish the robotics hub.
Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.
Yours faithfully
Listing Regulation
c.c.: Market Surveillance Dept., Securities Commission (via fax) |
Please refer to the attachment below for the reply to the query letter from Bursa Malaysia Securities Berhad. This announcement is dated 17 September 2021. |
Company Name | KEJURUTERAAN ASASTERA BERHAD |
Stock Name | KAB |
Date Announced | 17 Sep 2021 |
Category | General Announcement for PLC |
Reference Number | GA1-17092021-00077 |
Attachments