MEMORANDUM OF UNDERSTANDING UPDATE ON THE STATUS OF THE MEMORANDUM OF UNDERSTANDING BETWEEN PT SURABAYA INDUSTRIAL ESTATE RUNGKUT AND PT ALS INDONESIA, A SUBSIDIARY OF THE COMPANY
| PROGRESSIVE IMPACT CORPORATION BERHAD |
| Type | Announcement |
| Subject | MEMORANDUM OF UNDERSTANDING |
| Description | UPDATE ON THE STATUS OF THE MEMORANDUM OF UNDERSTANDING BETWEEN PT SURABAYA INDUSTRIAL ESTATE RUNGKUT AND PT ALS INDONESIA, A SUBSIDIARY OF THE COMPANY |
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Reference is made to Progressive Impact Corporation Berhad's ("PICORP's" or "the Company's") announcements dated 19 September 2024, 26 November 2024, 25 February 2025 and 13 May 2025 in relation to the Memorandum of Understanding (“MOU”) between PT Surabaya Industrial Estate Rungkut (“PT SIER”) and the Company’s subsidiary, PT ALS Indonesia (“ALS Indonesia”) ("the Announcements").
Unless otherwise defined, the definitions set out in the Announcements shall apply herein.The Board of Directors of PICORP wishes to announce that there is no material development pertaining to the MOU entered into between PT SIER and ALS Indonesia.
This announcement is dated 26 August 2025. |
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Announcement Info
| Company Name | PROGRESSIVE IMPACT CORPORATION BERHAD |
| Stock Name | PICORP |
| Date Announced | 26 Aug 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-25082025-00122 |