General Announcement for PLC

12/05/2021

MEMORANDUM OF UNDERSTANDING SANICHI TECHNOLOGY BERHAD ("SANICHI" OR "THE COMPANY") STATUS UPDATE ON MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN THE COMPANY, PNE PCB BHD ("PNE"), AT SYSTEMATIZATION BERHAD ("ATS") AND ARZON SOLAR, LLC ("ARZ")

SANICHI TECHNOLOGY BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description 
SANICHI TECHNOLOGY BERHAD ("SANICHI" OR "THE COMPANY")
STATUS UPDATE ON MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN THE COMPANY, PNE PCB BHD ("PNE"), AT SYSTEMATIZATION BERHAD ("ATS") AND ARZON SOLAR, LLC ("ARZ")

For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the announcements on 18 May 2020, 20 May 2020, 27 May 2020, 17 August 2020, 27 November 2020 and 25 February 2021 in relation to the MOU, where applicable, unless stated otherwise defined herein).

 

Further to the announcements made by the Company on 18 May 2020, 20 May 2020, 27 May 2020, 17 August 2020, 27 November 2020 and 25 February 2021 pertaining to the MOU between Sanichi, PNE, ATS and ARZ, the Company would like to announce that it has completed the research and development (“R&D”) phase for its medical grade mechanical air ventilators for local and overseas healthcare markets.

 

Please refer to the attached Press Release entitled "Sanichi completes the R&D phase for air ventilator development" for details of the announcement.

 

The Company will make further appropriate announcement on any new development to the MOU, if any.

 

This announcement is dated 12 May 2021.


Please refer attachment below.


Announcement Info

Company Name SANICHI TECHNOLOGY BERHAD
Stock Name SANICHI
Date Announced 12 May 2021
Category General Announcement for PLC
Reference Number GA1-12052021-00029


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