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MEMORANDUM OF UNDERSTANDING THETA EDGE BERHAD ("THETA EDGE" OR "COMPANY") - MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN THETA EDGE BERHAD AND CYBERNETICA ("CYBERNETICA")

THETA EDGE BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
THETA EDGE BERHAD ("THETA EDGE" OR "COMPANY")
- MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN THETA EDGE BERHAD AND CYBERNETICA ("CYBERNETICA")

We refer to the announcement dated 29 November 2023 in relation to the MOU between Theta Edge and Cybernetica. Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as defined in the said announcement. 

 

The Board of Directors of the Company wishes to update the progress of the joint venture as follows: 

 

(i) Series of technical workshops were organised with the joint venture company partners to discuss and collaborate on the various technical aspects of the projects or initiatives to be  undertaken with the aim to enhance cooperation, share expertise and alignment of strategies to achieve the joint venture common goals effectively.  

 

(ii) Efforts were made to increase awareness and engagement with the joint venture company's clientele with the aim to strenghten relationships, foster trust and to drive mutual success which includes implementation of strategies to better understand the clients' needs, enhance communication channels and delivery of value-added solutions to meet the clients' requirements effectively. 

 

The Company will make the appropriate announcement if there is any material development. 

 

 

This announcement is dated 26 February 2024






Announcement Info

Company Name THETA EDGE BERHAD
Stock Name THETA
Date Announced 26 Feb 2024
Category General Announcement for PLC
Reference Number GA1-22022024-00053



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