MICROLINK SOLUTIONS BERHAD
|Subject||TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
|Description||JOINT VENTURE AND SHAREHOLDERS AGREEMENT BETWEEN MICROLINK SOLUTIONS BERHAD AND SCICOM (MSC) BERHAD|
The Board of Directors (â€œthe Boardâ€) of Microlink Solutions Berhad (“MSB” or “the Company”) is pleased to announce that MSB has on 22 July 2020 entered into a Joint Venture and Shareholdersâ€™ Agreement (â€œJVSAâ€) with Scicom (MSC) Berhad (â€œScicomâ€) (collectively referred to as the â€œPartiesâ€) for the purpose of regulating the conditions for and of a joint venture company, namely, Asian Contact Solutions Sdn Bhd (formerly known as Asian Contact Centres Sdn Bhd) (the â€œJVCâ€) (â€œProposed JVâ€).
The purpose of the Proposed JV is to formalise a collaboration between the Parties and to draw upon the skills, expertise, experience and capabilities of each other for the benefit of the JVC, to collectively bid for tenders with regard to eGovernment solutions and services in Malaysia.
Further details of the Proposed JV are set out in the attachment below.
This annoucement is dated 22 July 2020.