Bursa Announcements
Memorandum Of Understanding ("MOU") Entered Between AEMULUS Corporation Sdn. Bhd. With Samsung Electro-Mechanics Co., Ltd
Type | Announcement |
Subject | OTHERS |
Description | AEMULUS HOLDINGS BERHAD (“AHB” or “the Company”) - MEMORANDUM OF UNDERSTANDING (“MOU”) ENTERED BETWEEN AEMULUS CORPORATION SDN. BHD. WITH SAMSUNG ELECTRO-MECHANICS CO., LTD |
1. INTRODUCTION
The Board of Directors of AHB (“Board”) wishes to announce that Aemulus Corporation Sdn. Bhd. (“ACSB”), a wholly-owned subsidiary of AHB has on 7 April 2025 entered into a Memorandum of Understanding (“MOU”) with Samsung Electro-Mechanics Co., LTD (“SEMCO”) to collaborate with each other to form a strategic and long-term collaboration in the Silicon Capacitor functionality testing, commencing April 2025 and ending March 2027.
(ACSB and SEMCO are individually referred to as a “Party”, and collectively referred to as “Parties”.)
ACSB is involved in designs, develops and markets automated test equipment (“ATE”) serving the RF (Radio Frequency), Digital, Analog/Mixed Signal and Power Discrete market segments.
SEMCO is a versatile manufacturer of various parts from mechanical parts to high-tech electronic parts, a world-class company that develops and produces major electronic components.
The Parties agree to mutually collaborate on the following:
i) Sales of Silicon Capacitor Test System
ACSB agrees to sell and provide support for the first Silicon Capacitor Test System (also known as Test Equipment) exclusively to SEMCO for the period commencing April 2025 and ending March 2027 based on the agreed terms and conditions in the purchase order.
Additionally, ACSB shall sell, provide and support any newly developed Test Equipment and/or upgraded Test Equipment exclusively to SEMCO and shall not provide the Equipment to any third party for a duration of two (2) years from SEMCO’s first commercial purchase (“the Exclusivity”).
ii) Co-Development of New Silicon Capacitor Test System
The Parties agree to jointly collaborate on the development of a new Silicon Capacitor Test System (also known as Test Equipment). The development process shall be guided by SEMCO’s latest Silicon Capacitor technology roadmap.
ACSB shall provide its technical knowledge and resources to support the development of the Test Equipment, while SEMCO shall contribute its market insights, specifications, and requirements to ensure the Test Equipment aligns with its demands in the Silicon Capacitor functionality testing.
iii) Forecast for Silicon Capacitor Test System
SEMCO shall upon commencement of the MOU provide ACSB with a non-binding detailed comprehensive two (2)-year forecast for the Test Equipment and may buy the Test Equipment from ACSB in accordance with terms and conditions stipulated in the purchase order issued by SEMCO.
This forecast shall be submitted on a regular basis (every three (3) to six (6) months) and updated periodically by SEMCO to reflect any changes in market demand, production needs, or strategic priorities.
2. FINANCIAL EFFECTS
The MOU is not expected to have material effects on the earnings, net assets and gearing of the Company for the financial year ending 30 September 2025.
3. INTEREST OF THE DIRECTORS AND MAJOR SHAREHOLDERS
None of the Directors, major shareholders and/or any person connected with them has any direct or indirect interest in the MOU.
4. STATEMENT BY THE BOARD
The Board having considered all aspects of the MOU, is of the opinion that the MOU is in the best interest of the AHB Group.
5. APPROVAL REQUIRED
The MOU is not subject to the approval of the shareholders of the Company and relevant government authorities.
This announcement is dated 7 April 2025. |
Announcement Info
Company Name | AEMULUS HOLDINGS BERHAD |
Stock Name | AEMULUS |
Date Announced | 07 Apr 2025 |
Category | General Announcement for PLC |
Reference Number | GA1-07042025-00058 |