Petronas Dagangan Bhd (PDB) has inked a memorandum of understanding (MoU) with Mercedes-Benz Malaysia Sdn Bhd and EV Connection Sdn Bhd, the operator of JomCharge network in Malaysia, to deploy DC Fast EV chargers at Petronas stations by the first half of 2022. (Edge Markets)
any news ? is good to invest now ?? last weekend i go jb meet my friend when bypass the ACO office at Johor i saw EV connection office at ACO building.. i check thru the EV connection website.. EV connection johor branch office at ACO.. is look like the both company really work together....
Nice! The Group’s wholly-owned subsidiary, ACO Holdings Sdn. Bhd (“ACO Holdings”) had on 18 October 2021, entered into a Shares Sale and Subscription Agreement (“SSSA”) with Lee Yuen How (“The Promoter”) and EV Connection Sdn Bhd (“EVC”), for the purchase of 10,000 issued ordinary shares from the Promoter for a cash consideration of RM90,000.00 and a subscription of 100,000 new ordinary shares in EVC for a cash consideration of RM910,000.00 (“Purchase and Subscription of EVC”). The SSSA has been completed on 28 February 2022 and the Company is now the legal and beneficial owner of ten percent (10%) of the enlarged issued share capital of EVC.
ACO (0218) Trend: Downtrend Rock bottom: Possible at 0.18, Still need time to confirm 1st destination of uptrend: +- RM0.30 Risk: May take a bit longer time to reach RM0.30 Momentum: Only at Gear One facebook @ John Richman
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