Highlights:
add free Download App
premium Premium Account

Last Price Change Volume
KLSE Market Watch
Open: Day Range: Prev Close:


JOINT VENTURE TERM SHEET

KEJURUTERAAN ASASTERA BERHAD

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.



Please refer attachment below.



Announcement Info

Company Name KEJURUTERAAN ASASTERA BERHAD
Stock Name KAB
Date Announced 17 Sep 2021
Category General Announcement for PLC
Reference Number GA1-17092021-00077




Close