General Announcement for PLC
23/12/2019OTHERS OFFTAKE AGREEMENT BETWEEN TEAMPIXEL SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF WINTONI GROUP BERHAD, AND PINK MOUNT EXPRESS SDN BHD.
WINTONI GROUP BERHAD |
Type | Announcement |
Subject | OTHERS |
Description | OFFTAKE AGREEMENT BETWEEN TEAMPIXEL SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF WINTONI GROUP BERHAD, AND PINK MOUNT EXPRESS SDN BHD. |
We refer to the announcement made on 20 December 2019, in relation to the Offtake Agreement ("Agreement") between Teampixel Sdn Bhd ("Teampixel"), a wholly-owned subsidiary of WIntoni Group Berhad ("Wintoni" or "Company"), and Pink Mount Express Sdn Bhd ("Pink Mount")("Announcement"). Unless otherwise defined, the definitions set out in the Announcement shall apply herein.
Further to the Company's announcement dated 20 December 2019 , the Board of Directors' of Wintoni wishes to clarify that the co-opeartion in the importation, distribution and sale of the Prodcuts in Malaysia, Indonesia, Thailand and China ("Territory") as stipulated in the Agreement between between Teampixel and Pink Mount, will be by way of Pink Mount's distribution of the Products in the Territory on behalf of Teampixel.
This announcement is dated 23 December 2019.
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Announcement Info
Company Name | WINTONI GROUP BERHAD |
Stock Name | WINTONI |
Date Announced | 23 Dec 2019 |
Category | General Announcement for PLC |
Reference Number | GA1-23122019-00052 |