【RESINTC 7232 交流专区】立新工业

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Type	Announcement
Subject	OTHERS
Description	SHAREHOLDERS AGREEMENT ENTERED INTO BETWEEN RESINTECH BERHAD (THE COMPANY OR RESINTECH), JOHAN INTAN SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF THE COMPANY AND SEDC ENERGY SDN. BHD. FOLLOWING THE MEMORANDUM OF UNDERSTANDING DATED 15 JUNE 2023
The Board of Directors of Resintech Berhad (“Resintech” or “the Company”) wishes to announce that, following the Memorandum of Understanding dated 15 June 2023 signed by Resintech Plastics (Sarawak) Sdn. Bhd., a wholly owned subsidiary of the Company and SEDC Energy Sdn. Bhd. (“SEDCE”), the Company had on 14 September 2024 entered into a Shareholders Agreement (“SH Agreement”) with Johan Intan Sdn. Bhd., a wholly owned subsidiary of the Company (“Johan Intan”) and SEDC Energy Sdn. Bhd. (“SEDCE”), forming a joint venture arrangement to jointly undertake the trading of industrial plastics products in Sarawak (“Proposed Joint Venture”).   (Resintech and SEDCE are collectively referred to as the “Parties” and individually as a “Party”.) Further details of the SH Agreement are set out in the ensuing sections of this announcement.   This announcement is dated 17 September 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3484088

Attachments RB - Announcement - Shareholders Agreement with SEDC (17.9.24).pdf