General Announcement for PLC

30/11/2021

MEMORANDUM OF UNDERSTANDING Sinaran Advance Group Berhad ("SAG" or the "Company") Quarterly Update on Memorandum of Understanding ("MoU") entered into between Kanger International Berhad ("KIB") and K Star Healthcare Sdn. Bhd. ("K Star Healthcare") (the "Parties") in relation to the Appointment of K Star Healthcare, a wholly-owned subsidiary of SAG as the Sale Agent for Covid-19 vaccines in Malaysia

SINARAN ADVANCE GROUP BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description 
Sinaran Advance Group Berhad ("SAG" or the "Company") Quarterly Update on Memorandum of Understanding ("MoU") entered into between Kanger International Berhad ("KIB") and K Star Healthcare Sdn. Bhd. ("K Star Healthcare") (the "Parties") in relation to the Appointment of K Star Healthcare, a wholly-owned subsidiary of SAG as the Sale Agent for Covid-19 vaccines in Malaysia
 
Unless otherwise stated, all definitions and terms used in this announcement shall carry the same meanings as defined in the previous announcements made by the Company on the MoU on 26 October 2020, 28 October 2020, 11 November 2020, 20 November 2020, 25 February 2021, 10 March 2021, 21 May 2021 and 30 September 2021.

Reference is made to the announcements pertaining to the MoU made between KIB and K Star Healthcare for the purpose of appointing K Star Healthcare as the sale agent of Covid-19 vaccines for the private clinics in Malaysia.

Pursuant to Paragraph 9.29 of the Main Market Listing Requirements (“Main LR”) of Bursa Securities, the Board of Directors of SAG wishes to inform that there is no material development pertaining to the MoU entered into between the Parties.

Any material development will be announced to Bursa Securities in due course.

This announcement is dated 30 November 2021.



Announcement Info

Company Name SINARAN ADVANCE GROUP BERHAD
Stock Name SINARAN
Date Announced 30 Nov 2021
Category General Announcement for PLC
Reference Number GA1-16112021-00010


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