Term Sheet For A Joint Venture Between KAB Telco Sdn. Bhd., A Wholly-Owned Subsidiary Of The Company And MRH Emprie Sdn. Bhd.
| Type | Announcement |
| Subject | OTHERS |
| Description |
KEJURUTERAAN ASASTERA BERHAD [REGISTRATION NO. 199701005009 (120505-H)] (KAB OR THE COMPANY) - TERM SHEET FOR A JOINT VENTURE BETWEEN KAB TELCO SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND MRH EMPRIE SDN. BHD. |
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The Board of Directors of KAB wishes to announce that KAB Telco Sdn. Bhd. [Registration No. 202101025059 (1425359-X)] (“KABTEL”), a wholly-owned subsidiary of the Company had on 20 April 2022, entered into A Term Sheet dated 20 April 2022 (“Term Sheet”) with MRH Empire Sdn. Bhd. [Registration No. 201901042400 (1351730-M)] (“MRH”) to form a joint venture in respect of the identified projects and prospective projects. KABTEL and MRH are collectively referred as “the Parties” or each “Party” as the case may be. Please refer to the attachment for the details of the announcement. This announcemnet is dated 20 April 2022. |
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Please refer attachment below.
Announcement Info
| Company Name | KEJURUTERAAN ASASTERA BERHAD |
| Stock Name | KAB |
| Date Announced | 20 Apr 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-20042022-00015 |
Attachments
- (31.5)_KAB_-_Term_Sheet_between_KAB_Telco_and_MRH_Empire_(attachment).pdf (Size: 401,433 bytes)
- (31.6)_KAB_-_Press_Release-KAB_sets_up_JV_to_expand_into_the_telecommunication_(200422).pdf (Size: 401,606 bytes)
Kinergy Advancement Berhad
No. 18, Jalan Radin Bagus 9, Bandar Baru Sri Petaling, 57000 Kuala Lumpur, Malaysia.