OTHERS MSB GLOBAL GROUP BERHAD ("MSB GLOBAL" OR THE "COMPANY") EXECUTION OF OVERSEAS SALES AGENCY AGREEMENT ENTERED BETWEEN ITS WHOLLY-OWNED SUBSIDIARY, MSB MACHINERY CORPORATION (MALAYSIA) SDN BHD ("MSB MACHINERY") AND ZHEJIANG GOLD INTELLIGENT SUSPENSION CORP ("GOLD CHINA")
MSB GLOBAL GROUP BERHAD |
Type | Announcement |
Subject | OTHERS |
Description | MSB GLOBAL GROUP BERHAD ("MSB GLOBAL" OR THE "COMPANY") EXECUTION OF OVERSEAS SALES AGENCY AGREEMENT ENTERED BETWEEN ITS WHOLLY-OWNED SUBSIDIARY, MSB MACHINERY CORPORATION (MALAYSIA) SDN BHD ("MSB MACHINERY") AND ZHEJIANG GOLD INTELLIGENT SUSPENSION CORP ("GOLD CHINA") |
The Board of Directors of MSB Global Group Berhad ("MSB Global” or the “Company") wishes to announce that its wholly-owned subsidiary, MSB Machinery had, on 9 October 2025, entered into an overseas sales agency agreement (“Agreement”) with GOLD China, for the appointment of MSB Machinery to act as an exclusive distribution right to distribute, market and sell GOLD brand automotive shock absorber products, including shock absorbers, active suspension shock absorbers and related accessories in Malaysia, Thailand, and Singapore.
This new Agreement supersedes the earlier Overseas Sales Agency Agreement entered into between MSB Machinery and GOLD China on 1 August 2024 (as disclosed in the prospectus of MSB Global dated 21 March 2025) (“Earlier Agreement”), and incorporates revised commercial terms, including updates to the payment structure and related obligations, as mutually agreed between both parties.
(MSB Machinery and GOLD China are collectively referred to as “the Parties”, and individually as “the Party”.)
Please refer to the attachment for the full details.
This announcement is dated 10 October 2025. |
Please refer attachment below.
Announcement Info
Company Name | MSB GLOBAL GROUP BERHAD |
Stock Name | MSB |
Date Announced | 10 Oct 2025 |
Category | General Announcement for PLC |
Reference Number | GA1-09102025-00089 |