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Memorandum Of Understanding

BackNov 28, 2018
Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description

PRESTARIANG BERHAD ("PRESTARIANG" or "THE COMPANY")
- STATUS UPDATE ON MEMORANDUM OF UNDERSTANDING

The Board of Directors of Prestariang wishes to update the status of the Memorandum of Understanding ("MOU") as follow:-

1. MOU entered into between Prestariang with Alibaba.com Singapore E-Commerce Private Limited and Conversant Solutions Pte Ltd ("Alibaba Cloud" and "Conversant")

With reference to the Company’s announcement on 12 January 2017 in relation to the MOU entered into between the Company with Alibaba Cloud and Conversant (collectively be referred to as “the Parties”), the Company wishes to inform that the MoU has lapsed. The Company will continue to explore mutually beneficial business relationship with the Parties in the education market.

This announcement is dated 28 November 2018.





Announcement Info

Company Name PRESTARIANG BERHAD
Stock Name PRESBHD
Date Announced 28 Nov 2018
Category General Announcement for PLC
Reference Number GA1-26112018-00109