NOVA MSC BERHAD
30 November 2023
Type |
Announcement |
Subject | MEMORANDUM OF UNDERSTANDING |
Description |
NOVA MSC BERHAD (“NOVA” or “Company”) – Memorandum of Understanding (“MOU”) between Theta Edge Berhad and NOVA |
We refer to the announcement dated 31 January 2023 in relation to the MOU between Theta Edge Berhad (“Theta”) and NOVA and the announcement dated 5 September 2023 in relation to the Joint Venture and Shareholders’ Agreement between Theta and NOVA. Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as defined in the said announcements.
The Company wishes to update that a new joint venture entity named “Digital EG Sdn Bhd” (“Digital EG”) had been incorporated in Malaysia with the purpose of delivering commercially viable e-government solutions and/or other IT services, such as system integration, outsourcing, consultancy, and infrastructure system services, both in Malaysia and potentially in other countries, as determined by Digital EG.
We will make additional announcement if there is any further significant developments.
This announcement is dated 30 November 2023.
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