APPASIA

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MEMORANDUM OF UNDERSTANDING AppAsia Berhad ("AppAsia" or "the Company") - Update on the status of Memorandum of Understanding entered between AppAsia International Sdn. Bhd., a wholly-owned subsidiary of AppAsia Berhad and the Philippine Institute of Certified Public Accountants

APPASIA BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
AppAsia Berhad ("AppAsia" or "the Company")
- Update on the status of Memorandum of Understanding entered between AppAsia International Sdn. Bhd., a wholly-owned subsidiary of AppAsia Berhad and the Philippine Institute of Certified Public Accountants

Reference is made to the Company’s announcements dated 25 November 2024, 27 February 2025, 29 May 2025 and 4 September 2025 (“Announcements”). Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as defined in the Announcements.


The Board of Directors of the Company wishes to announce that the Memorandum of Understanding ("MOU") entered into between AppAsia International Sdn. Bhd. (“AISB”), a wholly-owned subsidiary of the Company and the Philippine Institute of Certified Public Accountants (“PICPA”) had expired on 23 November 2025. Notwithstanding the expiration, AISB and PICPA are in the midst of discussion to extend the MOU.


The Company shall make further announcements as and when there are further material developments.

 

This announcement is dated 24 November 2025.






Announcement Info

Company Name APPASIA BERHAD
Stock Name APPASIA
Date Announced 24 Nov 2025
Category General Announcement for PLC
Reference Number GA1-24112025-00057