General Announcement for PLC

10/02/2022

OTHERS STRATEGIC PARTNERSHIP AGREEMENT ("SPA") ENTERED INTO BETWEEN SWG TECHNOLOGIES (M) SDN BHD ("SWGT") AND SAMAIDEN SDN BHD ("SSB") - UPDATE

SAMAIDEN GROUP BERHAD

Type Announcement
Subject OTHERS
Description 
STRATEGIC PARTNERSHIP AGREEMENT ("SPA") ENTERED INTO BETWEEN SWG TECHNOLOGIES (M) SDN BHD ("SWGT") AND SAMAIDEN SDN BHD ("SSB") - UPDATE

Reference is made to the Company's announcement dated 6 January 2022 in relation to the SPA entered into between SWGT and SSB, the Board of Directors wishes to provide further information on the tenure of the SPA.

 

As announced on 6 January 2022: The SPA shall become effective from the date of this SPA and shall remain in force for three (3) years.
 

Further information: Prior to the expiration of the 3 years period of the SPA, the SPA may be renewed and for such period, to be mutually agreed by both SWGT and SSB in writing.

 

This announcement is dated 10 February 2022.



Announcement Info

Company Name SAMAIDEN GROUP BERHAD
Stock Name SAMAIDEN
Date Announced 10 Feb 2022
Category General Announcement for PLC
Reference Number GA1-10022022-00048


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