| Type | Announcement |
| Subject | MEMORANDUM OF UNDERSTANDING |
| Description | SkyWorld Development Berhad ("SkyWorld Development" or "Company") Memorandum of Understanding between SkyWorld Development (Vietnam) Company Limited, SkyVenue Land Group Joint Stock Company and SkyBridge Company Limited |
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The Board of Directors of the Company wishes to announce that SkyWorld Development (Vietnam) Company Limited, a wholly-owned subsidiary of SkyWorld Development had on 30 August 2024, entered into a Memorandum of Understanding ("MOU") with (i) SkyVenue Land Group Joint Stock Company, (ii) SkyBridge Company Limited and (iii) the existing shareholders of SkyVenue namely Mr Hang Vay Chi, Ms Vuong Hoa and TT Investment Company Limited to jointly develop the remainder of the "Guocoland Commercial Complex" project on land lots located at Thuan An City, Binh Duong Province, Vietnam. Please refer to the attachments for the press release and further details of the MOU. This announcement is dated 30 August 2024. |
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Please refer attachment below.
| Company Name | SKYWORLD DEVELOPMENT BERHAD |
| Stock Name | SKYWLD |
| Date Announced | 30 Aug 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-30082024-00068 |
Attachments