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MEMORANDUM OF UNDERSTANDING PUC BERHAD ("PUC" OR THE "COMPANY") - UPDATE ON THE STATUS OF MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN PRESTO PAY SDN BHD AND PAN MALAYSIAN POOLS SDN BHD

PUC BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
PUC BERHAD ("PUC" OR THE "COMPANY")

- UPDATE ON THE STATUS OF MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN PRESTO PAY SDN BHD AND PAN MALAYSIAN POOLS SDN BHD

Reference is made to the Company’s announcements dated 6 October 2020 in relation to the MOU between Presto Pay Sdn Bhd (“PRPMY”) and Pan Malaysian Pools Sdn Bhd (“PMPSB”) (“Announcement”).

 

Unless otherwise defined, the definitions set out in the Announcement shall apply herein.

 

The Company wishes to inform that both PRPMY and PMPSB are still in negotiation to finalise the definitive agreement. Any material and significant development will be updated accordingly. All provisions contained in the MOU shall remain in full force and effect.

 

This announcement is dated 6 January 2021.






Announcement Info

Company Name PUC BERHAD
Stock Name PUC
Date Announced 06 Jan 2021
Category General Announcement for PLC
Reference Number GA1-06012021-00032




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