MEMORANDUM OF UNDERSTANDING CJ CENTURY LOGISTICS HOLDINGS BERHAD ("CJ CENTURY" OR "THE COMPANY") - MEMORANDUM OF UNDERSTANDING BETWEEN CJ CENTURY LOGISTICS SDN. BHD. AND UTAMA MULTIMODAL LOGISTICS SDN. BHD.
| CJ CENTURY LOGISTICS HOLDINGS BERHAD |
| Type | Announcement |
| Subject | MEMORANDUM OF UNDERSTANDING |
| Description | CJ CENTURY LOGISTICS HOLDINGS BERHAD ("CJ CENTURY" OR "THE COMPANY") - MEMORANDUM OF UNDERSTANDING BETWEEN CJ CENTURY LOGISTICS SDN. BHD. AND UTAMA MULTIMODAL LOGISTICS SDN. BHD. |
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Reference is made to the Company's earlier announcements dated 15 March 2021, 22 April 2021 and 25 August 2021 in respect of the MOU entered into between the Company's wholly-owned subsidiary, CJ Century Logistics Sdn. Bhd. ("CJCL") and Utama Multimodal Logistics Sdn. Bhd. ("UML").
The Company wishes to announce that in accordance with Clause 4(c) of the MOU, a thirty (30)-day notice of termination has been issued by CJCL to UML. Hence, the MOU shall cease with effect from 30 November 2021.
The termination of the MOU is not expected to have any material financial impact on the Company for the financial year ending 31 December 2021.
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Announcement Info
| Company Name | CJ CENTURY LOGISTICS HOLDINGS BERHAD |
| Stock Name | CJCEN |
| Date Announced | 02 Nov 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-01112021-00137 |
