Memorandum Of Understanding (Amended Announcement)

BackAug 30, 2013
Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description

PRESTARIANG BERHAD ("PRESTARIANG" or "THE COMPANY")
MEMORANDUMS OF UNDERSTANDING ("MoUs") ENTERED INTO BETWEEN UNIVERSITY MALAYSIA OF COMPUTER SCIENCE AND ENGINEERING ("UNIMY"), A TERTIARY EDUCATION FACILITY ESTABLISHED UNDER PRESTARIANG EDUCATION SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF PRESTARIANG, WITH ITS ACADEMIC PARTNER AND INDUSTRY PARTNERS

With reference to the announcements dated 31 January 2013, 20 February 2013 and 29 May 2013, UniMy had on 31 January 2013 entered into MOUs with each of the following entities to support UniMy’s aspiration to develop a tertiary education facility focusing on computer science and engineering,:

(i) University of Melbourne (Melbourne School of Engineering) (“UMSSE”);
(ii) Huawei Sdn. Bhd. (“Huawei”);
(iii) Autodesk Asia Pte. Ltd. (“Autodesk”);
(iv) Multimedia Development Corporation Sdn. Bhd. (“MDeC”);
(v) Kumpulan Modal Perdana Sdn. Bhd. (“KMP”); and
(vi) NanoMalaysia Berhad (“NanoMalaysia”).

(UMSSE shall hereinafter referred to as the “Academic Partner” and Huawei, Autodesk, MDeC, KMP and NanoMalaysia shall collectively be referred to as “Industry Partners”).

The Company wishes to inform that there has been no material development since the previous announcement dated 29 May 2013 with the exception of item (i), whereby on 6 June 2013, UniMy had entered into a collaboration agreement with UoM Commercial Ltd ("UoMC"), a commercial arm of UMSSE for the purpose of providing project services to UniMY by UoMC, and the announcement on the said collaboration agreement was made on 7 June 2013.

This announcement is dated 30 August 2013.

 


Announcement Info

Company Name PRESTARIANG BERHAD  
Stock Name PRESBHD    
Date Announced 30 Aug 2013  
Category General Announcement
Reference No CS-130830-38827