CENTRAL GLOBAL CLARIFIES ITS MoU WITH CHINA’S HUOBI MALL FOR THE DEVELOPMENT OF A GLOBAL DATA CENTRE IN MALAYSIA
Main Market-listed Central Global Berhad (“CGB” or “Company”) wishes to clarify that the information published in several news journals in China regarding a strategic partnership/Memorandum of Understanding (“MOU”) between the Company and/or its subsidiary, CIC Construction Sdn Bhd and Huobi Mall to build a Global Data Base Collection Centre in Malaysia is inaccurate.
CGB’s Executive Chairman Dato’ Faisal Zelman said: “We are indeed in discussion with Huobi Mall on the possibility of collaborating on the construction of a proposed data base collection centre in Malaysia. However, we are still in the midst of evaluating the viability of the aforesaid project and have yet to sign a MOU or any other forms of agreement with Huobi Mall in this regard. We will make further announcements as and when there are any significant developments on this matter.”
