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MEMORANDUM OF UNDERSTANDING TA WIN HOLDINGS BERHAD ("TA WIN" OR THE "COMPANY") MEMORANDUM OF UNDERSTANDING BETWEEN TA WIN AND RR ONE CAPITAL D.O.O.

TA WIN HOLDINGS BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
TA WIN HOLDINGS BERHAD ("TA WIN" OR THE "COMPANY")

MEMORANDUM OF UNDERSTANDING BETWEEN TA WIN AND RR ONE CAPITAL D.O.O.

We refer to the announcements made on 1 September 2021 and 3 September 2021 in relation to the memorandum of understanding between Ta Win and RR One Capital D.O.O. ("Announcements"). For consistency purposes, the abbreviations used in this announcement are the same as those previously defined in the Announcements unless otherwise defined herein.

 

On behalf of the Company, the Board wishes to announce that Ta Win had on 30 September 2021 served a termination letter to RR One to terminate the MOU with effect on 30 September 2021 as the parties were unable to conclude the discussions with details and terms of the joint venture. Pursuant thereto, the Company will no longer be pursuing the proposed joint venture with RR One as contemplated in the MOU.

 

The termination of the MOU does not have any financial impact to the Company.

 

This announcement is dated 30 September 2021. 






Announcement Info

Company Name TA WIN HOLDINGS BERHAD
Stock Name TAWIN
Date Announced 30 Sep 2021
Category General Announcement for PLC
Reference Number GA1-30092021-00035




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