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MEMORANDUM OF UNDERSTANDING MEMORANDUM OF UNDERSTANDING BETWEEN RESINTECH PLASTICS (SARAWAK) SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF RESINTECH BERHAD ("THE COMPANY" OR "RESINTECH") AND SEDC ENERGY SDN. BHD.

RESINTECH BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
MEMORANDUM OF UNDERSTANDING BETWEEN RESINTECH PLASTICS (SARAWAK) SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF RESINTECH BERHAD ("THE COMPANY" OR "RESINTECH") AND SEDC ENERGY SDN. BHD.
The Board of Directors of Resintech ("Board"), wishes to announce that Resintech Plastics (Sarawak) Sdn. Bhd. [Registration No. 201101020416 (948551-W)] (“RPSSB”), a wholly owned subsidiary of the Company had on 15 June 2023, entered into a Memorandum of Understanding (“MOU”) with SEDC Energy Sdn. Bhd. [Registration No. 197701004098 (35646-U)] (“SEDCE”) to record both parties’ intention and framework to establish a Joint Venture (“JV”) company for the purpose leveraging on the strengths and resources of both parties to operate in the plastic industry sector.

Please refer to the attached for further information on the MOU.

This announcement is dated 15 June 2023.



Please refer attachment below.



Announcement Info

Company Name RESINTECH BERHAD
Stock Name RESINTC
Date Announced 15 Jun 2023
Category General Announcement for PLC
Reference Number GA1-15062023-00048



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