AJA.030/2022
August 15 th , 2022
Subject | Signing of a Memorandum of Understanding (MOU) with AMR Asia Public Company Limited |
To: | President |
The Stock Exchange of Thailand |
AJ Advance Technology Company Limited (the "Company") would like to inform that on August 15th, 2022, the Company has signed a Memorandum of Understanding (MOU) with AMR Asia Public Company Limited ("AMR") the following details:
Subject | Detail |
Signing Date | August 15 th, 2022 |
Objective | Studying and developing business of "Ma Charge Platform" (Ma |
Charge Cloud or MCC) for electric motorcycles (EV bikes) by AMR | |
and the Company, intend to do the business together in selling and | |
renting electric motorcycles and also installation of electric | |
motorcycle battery charging stations, Including services, repairs and | |
maintenance of the battery swapping stations and software system in | |
the management of the information of the uses of electric motorcycles | |
Batteries and battery charging stations to users of electric | |
motorcycles in Thailand. | |
Total value of the transaction | The value is not set in the MOU. |
Termination of Memorandum | This Memorandum of Understanding (MOU) is valid for a period of 1 |
of Understanding (MOU) | year from the date of signing of this MOU. |
Please be informed accordingly, | |
Yours Sincerely, |
(Mrs. Prangthip Chanvisitsak)
Company Secretary