MEMORANDUM OF UNDERSTANDING JAG BERHAD ("JAG" OR "THE COMPANY") - TERMINATION OF MEMORANDUM OF UNDERSTANDING BETWEEN JAG AND EMPIRE MINING SDN. BHD.

JAG BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
JAG BERHAD ("JAG" OR "THE COMPANY")
- TERMINATION OF MEMORANDUM OF UNDERSTANDING BETWEEN JAG AND EMPIRE MINING SDN. BHD.
Reference is made to the Company’s announcements made on 19 March 2019 and 19 June 2019 in relation to the Memorandum of Understanding (“MOU”) entered into between JAG and Empire Mining Sdn. Bhd. (collectively referred to as “the Parties”) and its Termination.

Unless otherwise defined, the definitions set out in the said announcements shall apply herein.

The Board of Directors of JAG wishes to inform that the MOU was terminated in view that the Parties could not mutually agree on the terms of the transaction.

The announcement is dated 21 June 2019.





Announcement Info

Company Name JAG BERHAD
Stock Name JAG
Date Announced 21 Jun 2019
Category General Announcement for PLC
Reference Number GA1-21062019-00086