General Announcement for PLC

03/01/2022

MEMORANDUM OF UNDERSTANDING AIMFLEX BERHAD ("AIMFLEX" or "the Company") STATUS UPDATE ON THE MEMORANDUM OF UNDERSTANDING BETWEEN AIMFLEX SYSTEMS SDN. BHD. (FORMERLY KNOWN AS I-STONE SYSTEMS SDN. BHD.), A WHOLLY OWNED SUBSIDIARY OF THE COMPANY AND G2 ENERGY TECHNOLOGY SDN. BHD. (FORMERLY KNOWN AS EXIS GROUP SDN. BHD.)

AIMFLEX BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description 
AIMFLEX BERHAD ("AIMFLEX" or "the Company")

STATUS UPDATE ON THE MEMORANDUM OF UNDERSTANDING BETWEEN AIMFLEX SYSTEMS SDN. BHD. (FORMERLY KNOWN AS I-STONE SYSTEMS SDN. BHD.), A WHOLLY OWNED SUBSIDIARY OF THE COMPANY AND G2 ENERGY TECHNOLOGY SDN. BHD. (FORMERLY KNOWN AS EXIS GROUP SDN. BHD.)

Reference is made to the Company's announcements made on 8 April 2021, 6 July 2021 and 5 October 2021 pertaining to the Memorandum of Understanding ("MOU") made between its wholly-owned subsidiary, AIMFLEX Systems Sdn. Bhd. (formerly known as i-Stone Systems Sdn. Bhd.) with G2 Energy Technology Sdn. Bhd. (formerly known as Exis Group Sdn. Bhd.) for the purpose of collaborating on the development and transfer of technology in the oil and gas (“O&G”), energy and related industries. The Board of Directors of the Company wishes to announce that there is no material development on the status of the MOU as announced previously. The Company shall make further announcements as and when there are further material developments in relation to the MOU.

 

The announcement is dated 03 January 2022.



Announcement Info

Company Name AIMFLEX BERHAD
Stock Name AIMFLEX
Date Announced 03 Jan 2022
Category General Announcement for PLC
Reference Number GA1-30122021-00030


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