The Board of Directors of Inari wishes to announce that on 18 October 2021, the Company entered into a non-binding Memorandum of Understanding (“MOU”) with China Fortune-Tech Capital Co., Ltd (“CFTC”) (collectively referred to as “Parties”) with the intention to set up a joint-venture company in China (“CJV”) to carry out Outsourced Semiconductor Assembly and Test (“OSAT”) manufacturing and related businesses in China for the China market (“Proposed JV”).
CFTC - China Fortune-Tech Capital Co., Ltd. CFTC (中芯聚源) is SMIC 中芯国际
Stock: [INARI]: INARI AMERTRON BERHAD
2021-10-18 19:34 | Report Abuse
The Board of Directors of Inari wishes to announce that on 18 October 2021, the Company entered into a non-binding Memorandum of Understanding (“MOU”) with China Fortune-Tech Capital Co., Ltd (“CFTC”) (collectively referred to as “Parties”) with the intention to set up a joint-venture company in China (“CJV”) to carry out Outsourced Semiconductor Assembly and Test (“OSAT”) manufacturing and related businesses in China for the China market (“Proposed JV”).
CFTC - China Fortune-Tech Capital Co., Ltd.
CFTC (中芯聚源) is SMIC 中芯国际
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=119612&name=EA_GA_ATTACHMENTS