Zhitong Financial App News, ISP GLOBAL (08487) announced that the company joined KLDD TRADING SDN.BHD on January 31, 2024. (KLDD) has entered into a strategic cooperation agreement.
According to the strategic cooperation agreement, the company has the business of selling products on behalf of KLDD (including but not limited to durian products, etc.). The company and KLDD recognize each other's corporate culture, treat each other's brands with honesty, and establish brand cooperation advantages; personnel from both sides maintain contact and exchange, discuss and share information resources in e-commerce, customer resources, etc., to support each other's daily work and form a good working atmosphere; establish a regular cooperation and consultation mechanism to detect and resolve problems in a timely manner; both parties promise to abide by relevant laws and regulations during cooperation and not infringe on the principle of mutual infringement.
According to reports, KLDD is a famous durian company in Malaysia, focusing on business such as acquisition, wholesale, durian processing, and durian export. Export countries include China, the United States, Canada, the United Kingdom and Australia.
The company believes that in view of the needs of the company and KLDD for market development and their advantages and development potential in their respective business fields, the two sides will use the strategic cooperation agreement as the cornerstone to implement long-term and stable strategic cooperation through sharing or joint development of customer resources, product resources, platform resources, and supply chain resources, thus bringing potential profit growth points to both parties. Strategic cooperation conforms to the overall interests of the company and shareholders.