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apple developer:NWP enters discussions with EZ One Bikers on potential collaboration, acquisition


KUALA LUMPUR: NWP Holdings Bhd's subsidiary has entered a memorandum f understanding with EZ One Bikers Sdn Bhd for discussions on a potential collaboration with EZ One or acquisition of the company.NWP said in a filing with Bursa Malaysia that the MoU shall commence from Dec 18 and continue for a duration of one year."The MOU will not have any effect on the share capital and substantial shareholders’ shareholdings of NWP."The MOU is also not expected to have any material immediate effect on the earnings per share, net assets per share and gearing of the Group for the financial year ending 28 February 2021," it said.At 12.30pm, NWP last traded unchanged at 26 sen a share on the back of 25.1 million shares traded.

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