OTHERS SAUDEE GROUP BERHAD HEADS OF AGREEMENT BETWEEN PERUSAHAAN SAUDEE SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF SAUDEE GROUP BERHAD, AND FOCUS DYNAMICS CENTRE SDN. BHD.

SAUDEE GROUP BERHAD

Type Announcement
Subject OTHERS
Description
SAUDEE GROUP BERHAD
HEADS OF AGREEMENT BETWEEN PERUSAHAAN SAUDEE SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF SAUDEE GROUP BERHAD, AND FOCUS DYNAMICS CENTRE SDN. BHD.

Saudee Group Berhad (“Saudee” or the “Company”) is pleased to announce that its wholly owned subsidiary, Perusahaan Saudee Sdn. Bhd. has on 30 October 2020 entered into a heads of agreement with Focus Dynamics Centre Sdn. Bhd. (hereinafter referred to as the “Party” individually and “Parties” collectively) for a business collaboration to jointly roll out Malaysia’s first robotics operated burger kiosks and food trucks. Combining each other’s skillsets and resources, the Parties will collaborate to set up an executive working group to develop the platforms and procedures required for the launch of the kiosks and food trucks.

Please refer to the attached announcement for further details.

Saudee has also issued a press release dated 30 October 2020 in respect of the heads of agreement which is attached.

This announcement is dated 30 October 2020.




Please refer attachment below.



Announcement Info

Company Name SAUDEE GROUP BERHAD
Stock Name SAUDEE
Date Announced 30 Oct 2020
Category General Announcement for PLC
Reference Number GA1-30102020-00120