Trading of NI Shin Holdings securities has been suspended due to its announcement on Friday with regards to its wholly-owned subsidiary’s Memorandum of Understanding with Perbadanan Teknologi Hijau Melaka an sgency of the Melaka State Government.
The mou is to form a collaboration for the implementation of various programs and activities related to green technology development and practices in the state of Melaka, and to explore the opportunities to develop, support and enrich programs and development in the areas that will benefit the Parties,
Under the MOU, the Parties agree to examine and explore the opportunities related to the Project, including the promotion, sales and distribution of EBIXON EV motorcycles, with a view of finalising the business and commercial structure for the project.
PTHM is a government agency authorised by the Melaka State Government to manage and administer the Green Initiative for Melaka State and is directly involved in the development of green technology applications and green initiatives in the state of Melaka.
