KUALA LUMPUR (June 8): Yung Kong Galvanising Industries Bhd (YKGI) has entered into a memorandum of understanding (MoU) with Becker Industrial Coatings (M) Sdn. Bhd. (Beckers) with the aim of establishing a long-term strategic business partnership.
In a filing to Bursa Malaysia on Friday, YKGI said the MoU between both the parties was towards implementation of sustainable solutions for the new colour coating line of YKGI.
“This MOU is an understanding for cooperation, and the detailed matters of the cooperation will be further specified in a formal contract.
“An announcement will be released upon the signing of the formal contract,” it said.