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MEMORANDUM OF UNDERSTANDING STRAITS ENERGY RESOURCES BERHAD ("STRAITS" OR THE "COMPANY") - MEMORANDUM OF UNDERSTANDING BETWEEN STRAITS COMMNET SOLUTIONS SDN BHD AND MEGAH PORT MANAGEMENT SDN BHD

STRAITS ENERGY RESOURCES BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
STRAITS ENERGY RESOURCES BERHAD ("STRAITS" OR THE "COMPANY")

- MEMORANDUM OF UNDERSTANDING BETWEEN STRAITS COMMNET SOLUTIONS SDN BHD AND MEGAH PORT MANAGEMENT SDN BHD

The Board of Directors (“Board”) of Straits is pleased to announce that Straits CommNet Solutions Sdn Bhd (“SCS”), a 70% indirect subsidiary of Straits had on 16 October 2023 entered into a Memorandum of Understanding (“MOU”) with Megah Port Management Sdn Bhd (“MPM”), a 51% indirect subsidiary of Straits to transform the Port of Labuan into a Smart Port showcasing the latest network connectivity (“Smart Port Project”).

 

Please refer to the attachment for further details.

 

This announcement is dated 16 October 2023.




Please refer attachment below.



Announcement Info

Company Name STRAITS ENERGY RESOURCES BERHAD
Stock Name STRAITS
Date Announced 16 Oct 2023
Category General Announcement for PLC
Reference Number GA1-16102023-00051



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