Mercury Securities
  • Try MST28 trading from Mercury Securities with rates as low as 0.05%.
  • Earn MS Coin when you trade with MST28. Check out MST28.
  • Try MST28 trading from Mercury Securities with rates as low as 0.05%.
  • Get FREE real time quotes on our website & App. Check out MST28.
Open Trading Account
add free Download App
premium Premium Account

Last Price Change Volume
Open: Day Range: Prev Close:


MEMORANDUM OF UNDERSTANDING Memorandum Of Understanding

GLOBALTEC FORMATION BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
Memorandum Of Understanding

On behalf of the Board of Directors of GFB, we wish to announce that GFB has on 29 March 2022 entered into a memorandum of understanding (“MOU”) with Sabah Oil & Gas Development Corporation Sdn Bhd (“SOGDC”) and Sisma Energy Sdn Bhd (“SESB”) to discuss and collaborate for the purpose of the development of gas facilities and infrastructure (“Project”) on certain parcels of land belonging to SOGDC, located at Sipitang Oil and Gas Industrial Park in Megalong, district of Sipitang, Sabah (“SOGIP”). In accordance to the MOU, GFB is to supply gas to the Project.

 

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

 

This announcement is dated 29 March 2022.




Please refer attachment below.

Attachments

GFB Ann_MOU SESB SOGDC.pdf
98.9 kB



Announcement Info

Company Name GLOBALTEC FORMATION BERHAD
Stock Name GLOTEC
Date Announced 29 Mar 2022
Category General Announcement for PLC
Reference Number GA1-28032022-00013




Close