General Announcement for PLC

26/05/2022

MEMORANDUM OF UNDERSTANDING SOLARVEST HOLDINGS BERHAD ("SOLARVEST" OR "THE COMPANY") - UPDATE ON THE STATUS OF MEMORANDUM OF UNDERSTANDING

SOLARVEST HOLDINGS BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description 
SOLARVEST HOLDINGS BERHAD ("SOLARVEST" OR "THE COMPANY") - UPDATE ON THE STATUS OF MEMORANDUM OF UNDERSTANDING
 
Reference is made to the Company’s announcements made on 18 February 2020, 22 February 2021 and 20 January 2022.

The Board of Directors of Solarvest wishes to update the status of the following Memorandum of Understanding (“MOU”):-

1. MOU dated 18 February 2020 between Advancecon Solar Sdn. Bhd. and Solarvest Energy Sdn. Bhd., a wholly-owned subsidiary of Solarvest
- There is no new development on the status of the MOU since the previous announcement made on 23 February 2022.

2. MOU dated 22 February 2021 between Solarvest and Hong Leong Bank Berhad
- There is no new development on the status of the MOU since the previous announcement made on 23 February 2022.

3. MOU dated 20 January 2022 between Solarvest, Anora Agency Sdn. Bhd. and QBE Insurance (Malaysia) Berhad
- There is no new development on the status of the MOU since the previous announcement made on 23 February 2022.

This announcement is dated 26 May 2022.



Announcement Info

Company Name SOLARVEST HOLDINGS BERHAD
Stock Name SLVEST
Date Announced 26 May 2022
Category General Announcement for PLC
Reference Number GA1-25052022-00056


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