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OTHERS KEJURUTERAAN ASASTERA BERHAD ("KAB" OR "THE COMPANY") - THE COMPANY AND YL GLOBAL VENTURES SDN. BHD. ("YLGV") ENTERED INTO A TERM SHEET FOR JOINT VENTURE ("JV")

KEJURUTERAAN ASASTERA BERHAD

Type Announcement
Subject OTHERS
Description
KEJURUTERAAN ASASTERA BERHAD ("KAB" OR "THE COMPANY")
- THE COMPANY AND YL GLOBAL VENTURES SDN. BHD. ("YLGV") ENTERED INTO A TERM SHEET FOR JOINT VENTURE ("JV")

Pursuant to Paragraph 9.03 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of KAB wishes to announce that the Company had on 14 September 2021 entered into a Joint Venture ("JV") Term Sheet with YL Global Ventures Sdn. Bhd. ("YLGV") to form a JV via KAB Robotic and Automation Solutions Sdn. Bhd. (“KAB-RBT”) to venture into robotics distribution business.

 

Please refer to the attachment for further details on the above.




Please refer attachment below.



Announcement Info

Company Name KEJURUTERAAN ASASTERA BERHAD
Stock Name KAB
Date Announced 14 Sep 2021
Category General Announcement for PLC
Reference Number GA1-07092021-00007




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