General Announcement for PLC
20/01/2016MEMORANDUM OF UNDERSTANDING ("MOU") FOR THE TRANSFER OF TECHNOLOGY FOR THE PRODUCTION OF LIQUID FRUCTOSE
| EKA NOODLES BERHAD |
| Type | Reply to Query |
| Reply to Bursa Malaysia's Query Letter - Reference ID | IQL-19012016-00002 |
| Subject | MEMORANDUM OF UNDERSTANDING ("MOU") FOR THE TRANSFER OF TECHNOLOGY FOR THE PRODUCTION OF LIQUID FRUCTOSE |
| Description | EKA NOODLES BERHAD ("EKA" OR THE "COMPANY")
ADDITIONAL INFORMATION ON THE MEMORANDUM OF UNDERSTANDING ("MOU") FOR THE TRANSFER OF TECHNOLOGY FOR THE PRODUCTION OF LIQUID FRUCTOSE |
| Query Letter Contents | We refer to your Company’s announcement dated 18 January 2016, in respect of the aforesaid matter. 1) Background information on Anhui HuiJia Biological Science and Technology Co., Ltd. including its directors, major shareholders together with their respective shareholdings, number of years involved in production of liquid fructose, markets for its products, etc. Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.
Yours faithfully, Cc : Market Surveillance Dept. , Securities Commission (via fax) |
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With reference to the announcement made by the Company on 18 January 2016, the Company wishes to provide the following additional information on Anhui HuiJia Biological Science and Technology Co., Ltd. (“HuiJia”). HuiJia was incorporated in 2006 and has since been producing liquid fructose. HuiJia had in 2008 started venturing into extraction of rice protein powder, which is a by-product of liquid fructose. As such, HuiJia has almost a decade of experience in producing liquid fructose extraction of rice protein powder. The products of HuiJia are currently sold in China and a portion of the rice protein powder are exported to America and Japan. For information, the directors of HuiJia consist of Liu Gang, Xie Hu and Gui Heng Yun. Liu Gang holds 87.5% of HuiJia and Ren Yu Zhong holds the remaining 12.5% of HuiJia. This announcement is dated 20 January 2016. |
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Announcement Info
| Company Name | EKA NOODLES BERHAD |
| Stock Name | EKA |
| Date Announced | 20 Jan 2016 |
| Category | General Announcement for PLC |
| Reference Number | GA1-20012016-00001 |