General Announcement for PLC

13/08/2021

MEMORANDUM OF UNDERSTANDING UCREST BERHAD ("UCREST" OR "THE COMPANY") - MEMORANDUM OF UNDERSTANDING ("MOU") WITH RUSSIAN DIRECT INVESTMENT FUND ("RDIF")

UCREST BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description 
UCREST BERHAD ("UCREST" OR "THE COMPANY") - MEMORANDUM OF UNDERSTANDING ("MOU") WITH RUSSIAN DIRECT INVESTMENT FUND ("RDIF")

Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings in the previous announcements made by the Company on the MOU between the Company and RDIF on 9 April 2021, 14 April 2021, 28 April 2021, 19 May 2021, 20 May 2021 and 9 June 2021.

The Board of Directors of the Company wishes to update that the Company and RDIF are currently in negotiation to finalise the definitive agreement in accordance with the objectives of the MOU.

This announcement is dated 13 August 2021.



Announcement Info

Company Name UCREST BERHAD
Stock Name UCREST
Date Announced 13 Aug 2021
Category General Announcement for PLC
Reference Number GA1-13082021-00001


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