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OTHERS KEJURUTERAAN ASASTERA BERHAD ("KAB" OR "THE COMPANY") - KAB TECHNOLOGIES SDN BHD (KABT), A WHOLLY OWNED SUBSIDIARY OF THE COMPANY AND VODEX TECHNICAL SERVICES SDN BHD (VODEX) ENTERED INTO A BINDING TERM SHEET

KEJURUTERAAN ASASTERA BERHAD

Type Announcement
Subject OTHERS
Description
KEJURUTERAAN ASASTERA BERHAD ("KAB" OR "THE COMPANY")
- KAB TECHNOLOGIES SDN BHD (KABT), A WHOLLY OWNED SUBSIDIARY OF THE COMPANY AND VODEX TECHNICAL SERVICES SDN BHD (VODEX) ENTERED INTO A BINDING TERM SHEET

The Board of Directors of KAB wishes to announce that its wholly-owned subsidiary, KAB Technologies Sdn Bhd had on 21 July 2021 entered into a Binding Term Sheet (“BTS”) with Vodex Technical Services Sdn Bhd. A Special Purpose Vehicle, namely TVT Link Tech Solutions Sdn Bhd was formed for the BTS.
Please refer to the attachment for further details on the above.




Please refer attachment below.

Attachments

Press Release.pdf
161.3 kB

KAB_Binding Term Sheet.pdf
78.8 kB



Announcement Info

Company Name KEJURUTERAAN ASASTERA BERHAD
Stock Name KAB
Date Announced 21 Jul 2021
Category General Announcement for PLC
Reference Number GA1-21072021-00045




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