OTHERS SASBADI HOLDINGS BERHAD - MEMORANDUM OF AGREEMENT BETWEEN SASBADI ONLINE SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF SASBADI HOLDINGS BERHAD AND AGMO STUDIO SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF AGMO HOLDINGS BERHAD
| SASBADI HOLDINGS BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | SASBADI HOLDINGS BERHAD - MEMORANDUM OF AGREEMENT BETWEEN SASBADI ONLINE SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF SASBADI HOLDINGS BERHAD AND AGMO STUDIO SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF AGMO HOLDINGS BERHAD |
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Unless otherwise defined, the defined terms used in this announcement shall carry the same meaning as those defined in our announcement dated 18 February 2025 (“Announcement").
Reference is made to the MOA dated 18 February 2025 in relation to the proposed establishment of a JV Company for the development and commercialisation of an AI Solution in the form of a local Large Language Model (LLM) for the education sector.
The Board of Directors of SHB wishes to announce that the Parties have mutually agreed to extend the timeline for the finalisation and execution of the JVA for a further three (3) months period until 18 August 2025.
This announcement is dated 16 May 2025. |
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Announcement Info
| Company Name | SASBADI HOLDINGS BERHAD |
| Stock Name | SASBADI |
| Date Announced | 16 May 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-16052025-00004 |