Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions

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19-08-2020

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description

TITIJAYA LAND BERHAD ("TITIJAYA" OR "COMPANY") - COLLABORATION AND DISTRIBUTION AGREEMENT BETWEEN TITIJAYA MEDICARE SDN. BHD. (FORMERLY KNOWN AS TITIJAYA RESOURCES SDN. BHD.) ("TMSB"), A WHOLLY OWNED SUBSIDIARY OF TITIJAYA, AND RUBBEREX CORPORATION (M) BERHAD ("AGREEMENT")

 

(The definitions used in this announcement shall have the same meanings as that used in the announcements dated 12 August 2020 and 14 August 2020 unless stated otherwise.)

 

Reference is made to the Company’s announcement made on 12 August 2020 and the query letter of Bursa Securities dated 13 August 2020 pertaining to the Agreement.

 

The Board of TITIJAYA wishes to clarify that any importation and exportation of personal protective equipment (PPE) to and from Sinopharm Medical Equipment Quanzhou Co. Ltd. ("Sinopharm") shall meet all authority and license requirements.

As per the Strategic Collaboration Agreement between Sinopharm and TMSB dated 28 April 2020, each party shall comply to the requirements of each country.

 

This announcement is dated 19 August 2020.

 


Announcement Info

 

Company Name TITIJAYA LAND BERHAD
Stock Name TITIJYA
Date Announced 19 Aug 2020
Category General Announcement for PLC
Reference Number GA1-19082020-00054