General Announcement for PLC
07/04/2022MEMORANDUM OF UNDERSTANDING SERSOL BERHAD ("Sersol" or "the Company") STATUS UPDATE ON THE MEMORANDUM OF UNDERSTANDING ENTERED BETWEEN SERSOL E-SOLUTIONS SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF SERSOL BERHAD WITH DRONOLOGY SDN. BHD.
SERSOL BERHAD |
Type | Announcement |
Subject | MEMORANDUM OF UNDERSTANDING |
Description | SERSOL BERHAD ("Sersol" or "the Company") STATUS UPDATE ON THE MEMORANDUM OF UNDERSTANDING ENTERED BETWEEN SERSOL E-SOLUTIONS SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF SERSOL BERHAD WITH DRONOLOGY SDN. BHD. |
Reference is made to the Company's announcements made on 8 October 2021 and 7 January 2022 pertaining to the Memorandum of Understanding ("MOU") between Sersol E-Solutions Sdn. Bhd., a wholly owned subsidiary of the Company with Dronology Sdn. Bhd. ("DSB") with the intent to establish synergy in the development of a viable and sustainable business model and marketing program to commercially promote the products and services of DSB.
The Board of Directors of the Company wishes to announce that there is no material development on the status of the MOU as announced previously. The Company shall make further announcements as and when there are further material developments in relation to the MOU.
The announcement is dated 7 April 2022. |
Announcement Info
Company Name | SERSOL BERHAD |
Stock Name | SERSOL |
Date Announced | 07 Apr 2022 |
Category | General Announcement for PLC |
Reference Number | GA1-17032022-00052 |
Related Announcements for SERSOL