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MEMORANDUM OF UNDERSTANDING DRB-HICOM BERHAD ("DRB-HICOM" OR "COMPANY") MEMORANDUM OF UNDERSTANDING BETWEEN DRB-HICOM AND KERAJAAN NEGERI PERAK DARUL RIDZUAN

DRB-HICOM BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
DRB-HICOM BERHAD ("DRB-HICOM" OR "COMPANY")
MEMORANDUM OF UNDERSTANDING BETWEEN DRB-HICOM AND KERAJAAN NEGERI PERAK DARUL RIDZUAN

DRB-HICOM wishes to announce that it has on 12 April 2022 entered into a Memorandum of Understanding (“MOU”) with Kerajaan Negeri Perak Darul Ridzuan (“Kerajaan Negeri”) (collectively referred to as “the Parties”) for the purpose of setting out the basis of cooperation and mutual benefit of the parties for the development of Automotive Hi-Tech Valley (“AHTV”) located in Tanjong Malim, Perak Darul Ridzuan (“Proposed Strategic Collaboration”). The AHTV is aimed to be developed into an integrated Automotive City comprise of a full fledge high technology research & development (“R&D”) centre, manufacturing cluster, commercial, residential as well as supporting ecosystem including logistics, research university, training and learning institutions within a smart city. 

 

For full details of the announcement, please refer to the attached file.


This announcement is dated 13 April 2022.




Please refer attachment below.

Attachments

MOU DRBH and Perak State.pdf
124.1 kB



Announcement Info

Company Name DRB-HICOM BERHAD
Stock Name DRBHCOM
Date Announced 13 Apr 2022
Category General Announcement for PLC
Reference Number GA1-13042022-00037




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