BURSA ANNOUNCEMENTS

Date : 29 November 2024

OTHERS HEXTAR INDUSTRIES BERHAD ("HIB" OR "THE COMPANY") MASTER DEVELOPMENT AND OPERATING AGREEMENT ENTERED INTO BETWEEN GLOBAL AROMA SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND LUCKIN COFFEE HOLDING SINGAPORE PTE. LTD.

HEXTAR INDUSTRIES BERHAD

Type Announcement
Subject OTHERS
Description
HEXTAR INDUSTRIES BERHAD ("HIB" OR "THE COMPANY")

MASTER DEVELOPMENT AND OPERATING AGREEMENT ENTERED INTO BETWEEN GLOBAL AROMA SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY AND LUCKIN COFFEE HOLDING SINGAPORE PTE. LTD.

The Board of Directors of HIB wishes to announce that Global Aroma Sdn. Bhd., a wholly-owned subsidiary of the Company, has on 29 November 2024, entered into a Master Development and Operating Agreement with Luckin Coffee Holding Singapore Pte. Ltd. (202334987H) for the purpose of obtaining the rights to develop, open and operate coffee shops under the “Luckin Coffee” name in Malaysia.

 

Please refer to the attachment for further details.

 

This announcement is dated 29 November 2024.




Please refer attachment below.

Attachments

HIB - MDOA with Luckin.pdf
121.3 kB

Press Release.pdf
279.0 kB



Announcement Info

Company Name HEXTAR INDUSTRIES BERHAD
Stock Name HEXIND
Date Announced 29 Nov 2024
Category General Announcement for PLC
Reference Number GA1-29112024-00019


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