NOVA MSC BERHAD
15 Mar 2013
| Type | Announcement |
| Subject | MEMORANDUM OF UNDERSTANDING |
| Description | Memorandum of Understanding between Novacitynets Pte Ltd, Guangzhou Development District Science and Information Technology Bureau and Sino-Singapore Guangzhou Knowledge City Investment and Development Co., Ltd |
We refer to the Company’s announcement dated 15 August 2012 pertaining to the Memorandum of Understanding (“MOU”) signed between its wholly owned subsidiary, novaCITYNETS Pte Ltd with Guangzhou Development District Science and Information Technology Bureau and Sino-Singapore Guangzhou Knowledge City Investment and Development Co., Ltd to jointly develop, promote and subsequently deploy Smart City e-Permits solutions within the Sino-Singapore Guangzhou Knowledge City.
The Company wishes to inform that there is no material development to the MOU since the last announcement. The Company will make further announcement in accordance with the Listing Requirements of Bursa Malaysia Securities Berhad for the ACE Market when there is future development on the MOU.
This announcement is dated 15 March 2013.
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