MEMORANDUM OF UNDERSTANDING MN HOLDINGS BERHAD ("MNHB" OR THE "COMPANY") - SUPPLEMENTARY MEMORANDUM OF UNDERSTANDING BETWEEN MUTU NUSANTARA SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND SHANGHAI DC-SCIENCE CO., LTD. ("SUPPLEMENTAL MOU")
MN HOLDINGS BERHAD |
Type | Announcement |
Subject | MEMORANDUM OF UNDERSTANDING |
Description | MN HOLDINGS BERHAD ("MNHB" OR THE "COMPANY") - SUPPLEMENTARY MEMORANDUM OF UNDERSTANDING BETWEEN MUTU NUSANTARA SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND SHANGHAI DC-SCIENCE CO., LTD. ("SUPPLEMENTAL MOU") |
(Unless otherwise stated, all abbreviations used herein shall have the same meanings as those stated in the announcements dated 3 April 2023, 25 May 2023, 30 August 2023, 29 November 2023 and 27 February 2024 in relation to the MOU)
The Board of MNHB wishes to announce that MNHB and DCS have mutually agreed to extend the MOU period for a further period of 12 months commencing from 1 April 2024, and the last day shall fall on 31 March 2025 (“Extension”). Subsequently, the Parties entered into a Supplementary MOU on 3 April 2024.
In conjunction with the Extension, MNHB wishes to inform of the following developments with regards to the Cooperation Project as reported by DCS:
1. DCS is progressing with the initiation of the Sedenak Tech Park Data Centre according to the established schedule, with the comprehensive design now finalized.
2. The detailed power supply design for the first and second phases have been completed, and the scope of work for both parties remained unchanged.
The Company will make the relevant update announcement(s) if there is any additional agreements or contract documents to be entered into subsequently, subject to mutual agreement from the Parties.
This announcement is dated 3 April 2024. |
Announcement Info
Company Name | MN HOLDINGS BERHAD |
Stock Name | MNHLDG |
Date Announced | 03 Apr 2024 |
Category | General Announcement for PLC |
Reference Number | GA1-02042024-00025 |