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MEMORANDUM OF UNDERSTANDING DRB-HICOM BERHAD ("DRB-HICOM" OR THE "COMPANY") - UPDATE ON THE STATUS OF MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN PERUSAHAAN OTOMOBIL NASIONAL SDN. BHD. ("PONSB") AND CHINA AUTOMOTIVE TECHNOLOGY AND RESEARCH CENTRE CO. LTD. ("CATARC")

DRB-HICOM BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
DRB-HICOM BERHAD ("DRB-HICOM" OR THE "COMPANY")
- UPDATE ON THE STATUS OF MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN PERUSAHAAN OTOMOBIL NASIONAL SDN. BHD. ("PONSB") AND CHINA AUTOMOTIVE TECHNOLOGY AND RESEARCH CENTRE CO. LTD. ("CATARC")

Reference is made to the Company’s announcements dated 7 January 2020, 7 April 2020, 7 July 2020, 7 October 2020, 7 January 2021, 7 April 2021, 7 July 2021 and 7 October 2021 in relation to the MOU between PONSB and CATARC (“Announcements”).

 

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

 

DRB-HICOM wishes to inform that both PONSB and CATARC are still in the midst of discussion to finalise the strategic initiatives and sustainable business plan in the region, focusing on testing services as well as future technologies.

 

This announcement is dated 7 January 2022.






Announcement Info

Company Name DRB-HICOM BERHAD
Stock Name DRBHCOM
Date Announced 07 Jan 2022
Category General Announcement for PLC
Reference Number GA1-07012022-00006




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