General Announcement for PLC
30/12/2021OTHERS UPDATE ON THE CONCESSION AGREEMENT DATED 16 MARCH 2011 BETWEEN THE GOVERNMENT OF MALAYSIA (REPRESENTED BY THE MINISTRY OF HEALTH OF MALAYSIA) AND PHARMANIAGA LOGISTICS SDN BHD (Announcement pursuant to Chapter 9 of Bursa Malaysia Securities Berhad's Main Market Listing Requirement)
| PHARMANIAGA BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | UPDATE ON THE CONCESSION AGREEMENT DATED 16 MARCH 2011 BETWEEN THE GOVERNMENT OF MALAYSIA (REPRESENTED BY THE MINISTRY OF HEALTH OF MALAYSIA) AND PHARMANIAGA LOGISTICS SDN BHD (Announcement pursuant to Chapter 9 of Bursa Malaysia Securities Berhad's Main Market Listing Requirement) |
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We refer to our announcement dated 18 November 2019. The Board of Directors of Pharmaniaga Berhad wishes to announce that pending finalization of the new logistics and distribution concession agreement, the Ministry of Health ("MOH") has issued a letter dated 28 December 2021 to its wholly-owned subsidiary, Pharmaniaga Logistics Sdn Bhd ("PLSB"), extending its services for the provision of medicines and medical supplies to MOH facilities for another one (1) year, commencing from 1 January 2022 to 31 December 2022. The scope of services to be provided by PLSB during this interim period of one (1) year will remain the same as the terms stipulated in the Concession Agreement dated 16 March 2011. This announcement is dated 30 December 2021. |
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Announcement Info
| Company Name | PHARMANIAGA BERHAD |
| Stock Name | PHARMA |
| Date Announced | 30 Dec 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-30122021-00043 |
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