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Memorandum Of Understanding

BackApr 11, 2025
Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description SkyWorld Development Berhad ("SkyWorld Development" or "Company")

Memorandum of Understanding between SkyWorld Development (Vietnam) Company Limited, Dong Me Kong Construction Manufacture Trading Service Company Limited and Phu My Development Investment Joint Stock Company

The Board of Directors of the Company wishes to announce that SkyWorld Development (Vietnam) Company Limited ("SkyWorld Vietnam"), a wholly-owned subsidiary of SkyWorld Development had on 11 April 2025, entered into a Memorandum of Understanding ("MOU") with (i) Dong Me Kong Construction Manufacture Trading Service Company Limited and (ii) Phu My Development Investment Joint Stock Company (collectively referred to as the "Depository") to secure an exclusive negotiation period with the Depository prior to the signing of a tri-partite conditional joint development agreement for SkyWorld Vietnam to jointly develop the Project Residential Complex No. 13D located at D13, Phong Phu Commune, Binh Chanh District, Ho Chi Minh City, Vietnam.

Please refer to the attachment for further details of the MOU.

This announcement is dated 11 April 2025.

Please refer attachment below.


Announcement Info

Company Name SKYWORLD DEVELOPMENT BERHAD
Stock Name SKYWLD
Date Announced 11 Apr 2025
Category General Announcement for PLC
Reference Number GA1-10042025-00115

Attachments

  1. SWD_MOU_with_DMK_and_PM_11.4.2025_20250411.pdf (Size: 101,863 bytes)