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OTHERS MQ TECHNOLOGY BERHAD ("MQ TECH" OR "THE COMPANY") MEMORANDUM OF UNDERSTANDING ("MOU")

MQ TECHNOLOGY BERHAD

Type Announcement
Subject OTHERS
Description
MQ TECHNOLOGY BERHAD ("MQ TECH" OR "THE COMPANY")
MEMORANDUM OF UNDERSTANDING ("MOU")

Reference is made to the Company’s announcements dated 2 August 2022 and 26 August 2022 in relation to the Memorandum of Understanding ("MOU") (“Announcement”). Unless otherwise defined, the definitions set out in the Announcement shall apply herein.

 

Pursuant to the MOU, the MOU will terminate upon the expiry of the MOU term. In view thereof, the Board of Directors of MQ Tech wishes to announce that MQ Tech and Taiwan Superconductor International Semiconductor Technology Co. Ltd. had mutually agreed to terminate the MOU dated 2 August 2022.

 

Upon the termination, the Parties shall have no right or claims against the other under the MOU.

 

This anouncement is dated 4 April 2023.






Announcement Info

Company Name MQ TECHNOLOGY BERHAD
Stock Name MQTECH
Date Announced 04 Apr 2023
Category General Announcement for PLC
Reference Number GA1-04042023-00035



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