Collaboration And Distribution Agreement Between Titijaya Resources Sdn. Bhd. ("trsb"), A Wholly Owned Subsidiary Of Titijaya, And Rubberex Corporation (M) Berhad ("Rubberex")

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14-08-2020

Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-13082020-00002
Subject COLLABORATION AND DISTRIBUTION AGREEMENT BETWEEN TITIJAYA RESOURCES SDN. BHD. ("TRSB"), A WHOLLY OWNED SUBSIDIARY OF TITIJAYA, AND RUBBEREX CORPORATION (M) BERHAD ("RUBBEREX")
Description

TITIJAYA LAND BERHAD ("TITIJAYA" OR "COMPANY") COLLABORATION AND DISTRIBUTION AGREEMENT BETWEEN TRSB, A WHOLLY OWNED SUBSIDIARY OF TITIJAYA, AND RUBBEREX - REPLY TO QUERY FROM BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") DATED 13 AUGUST 2020

Query Letter Contents

We refer to your Company’s announcement dated 12 August 2020, in respect of the aforesaid matter.


In this connection, kindly furnish Bursa Securities with the following additional information for public release:-

 

1) To provide the specific roles and responsibilities of TRSB, Ruberrex and Sinopharm Medical Equipment Quanzhou Co Ltd (“Sinopharm”) respectively, pursuant to the Collaboration and Distribution Agreement (“Agreement”).


2) To state the target market for the distribution and sales of the personal protection equipment and medical products under the Agreement.


3) To clarify whether the Agreement involve any production of gloves, personal protection equipment and medical products by Titijaya Group. If yes, to state the total capital and investment outlay in bringing the production line on-stream, together with the source of funds. 


4) To provide the prospects of the gloves, personal protection equipment and medical and healthcare products in China and other markets under the Agreement.

 

Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.

 

Yours faithfully,

 

Listing

Regulation

Cc : Market Surveillance Dept. , Securities Commission (via fax)

 

We refer to the announcement dated 12 August 2020 and the letter dated 13 August 2020 from Bursa Securities requesting for additional information pertaining to the Collaboration and Distribution Agreement between TRSB, and Rubberex.

Please refer to the attachment for further details of the Company's reply.

This announcement is dated 14 August 2020.

Please refer attachment below.

 


Announcement Info

Company Name TITIJAYA LAND BERHAD
Stock Name TITIJYA
Date Announced 14 Aug 2020
Category General Announcement for PLC
Reference Number GA1-14082020-00068



Attachments

  1. Collaboration_and_Distribution_Agreement_between_TRSB_and_Rubberex_-_14.08.2020.pdf (Size: 152,196 bytes)