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MEMORANDUM OF UNDERSTANDING MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN SIGNATURE DISTRIBUTION SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND 8 BRAND PARTNERS - UPDATE

SIGNATURE INTERNATIONAL BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN SIGNATURE DISTRIBUTION SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND 8 BRAND PARTNERS - UPDATE

Reference is made to the Company’s announcements dated 20 May 2022, 23 August 2022, 22 November 2022, 7 February 2023, 22 February 2023, 29 May 2023 and 28 August 2023 in relation to the MOU entered into between SDSB, a wholly-owned subsidiary of the Company, and the following 8 brand partners:-

  1. Samsung Malaysia Electronics (SME) Sdn. Bhd.;
  2. Syarikat Yoong Onn Sdn. Bhd.;
  3. Feruni Ceramiche Sdn. Bhd.;
  4. Rigel Technology (Malaysia) Sdn. Bhd.;
  5. Intrix Lifestyle Sdn. Bhd.;
  6. Fernex Sdn. Bhd.;
  7. Crystalace Deco Sdn. Bhd.; and
  8. Teka Kuchentechnik (Malaysia) Sdn. Bhd.

The Board of Directors of Signature International Berhad wishes to inform that there has been no further material development on the MOU entered with the aforesaid brand owners save for Teka Kuchentechnik (Malaysia) Sdn. Bhd., as announced on 7 February 2023.

This announcement is dated 27 November 2023.






Announcement Info

Company Name SIGNATURE INTERNATIONAL BERHAD
Stock Name SIGN
Date Announced 27 Nov 2023
Category General Announcement for PLC
Reference Number GA1-16112023-00027



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