The Board of Directors of Straits ("Board") is pleased to announce that Victoria STS (Labuan) Sdn. Bhd. (“Victoria”), a 70% owned Subsidiary Company of Fajar Maritime and Logistics Sdn Bhd ("FML"), which in turn is a 60% owned Subsidiary Company of Straits had on 12 July 2021 received a letter of approval ("LOA") from Marine Department Malaysia for the development of Ship to Ship Energy Transhipment Hub to provide and carry out liquid cargo transfer activities such as crude oil, marine gas oil, marine diesel oil, marine fuel oil, liquefied natural gas (“LNG”) and liquefied petroleum gas (“LPG”) from ship to ship (“STS”) within the port limits of Victoria Bay subject to the terms and conditions stated in the LOA .
tomorrow list pp.hope will rebound this week 1. Details of corporate proposal Whether the corporate proposal involves the issuance of new type and new class of securities? N Types of corporate proposal : Private Placement Details of corporate proposal : Private Placement No. of shares issued under this corporate proposal : 63,636,000 Issue price per share ($$) : 0.2250 Par Value ($$) (if applicable) : 0.000 Latest issued share capital after the above corporate proposal In the following Units : 625,880,836 Issued Share Capital ($$) : Malaysian Ringgit (MYR) 79,449,939.920 Listing Date : 25/03/2021
OTHERS METRONIC GLOBAL BERHAD ("METRONIC" OR "THE COMPANY") - ADDITIONAL INFORMATION ON LETTER OF INTENT AWARDED BY MTPS INNOTECH COMPANY LIMITED ("MTPS") TO METRONIC MEDICARE SDN BHD ("METRONIC MEDICARE"), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY METRONIC GLOBAL BERHAD
Type Announcement Subject OTHERS Description METRONIC GLOBAL BERHAD ("METRONIC" OR "THE COMPANY") - ADDITIONAL INFORMATION ON LETTER OF INTENT AWARDED BY MTPS INNOTECH COMPANY LIMITED ("MTPS") TO METRONIC MEDICARE SDN BHD ("METRONIC MEDICARE"), A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY Reference is made to the Company’s announcements dated 23 February 2021, 25 February 2021 and 2 March 2021 pertaining to the letter of intent (“LOI”) awarded by MTPS to Metronic Medicare, a wholly-owned subsidiary of the Company.
Further to the queries raised by Bursa Malaysia Securities Berhad, the Board of Directors of Metronic wishes to announce the following additional information in relation to the LOI:-
1. The 152 million test kit was derived based on the production allocation for a period of 2 years from the manufacturer, which representing 2% of the current world population of 7.8 billion.
2. The Company is currently in the midst of negotiation with the party for the definitive agreement subsequent to the LOI and the Company predicted the definitive agreement to be made within 2 years. The relevant announcement(s) will be made upon finalising the definitive agreement.
3. The first initial payment of USD1 million has been made on 2 March 2021.
anther po. on behalf of the Board, Mercury Securities wishes to announce that the Board had on to-date (“Price-fixing Date”) fixed the issue price for the placement of 58,237,000 Placement Shares at RM0.0652 per Placement Share (“Issue Price”).