1. Introduction

The Board of Directors of AGMO (“the Board”) wishes to announce that Agmo Capital Sdn. Bhd. (“ACSB”), a wholly-owned subsidiary of the Company, had on 20 August 2024 entered into a Joint Venture Agreement (“JVA”) with Solarvest Energy Sdn. Bhd. (“SESB”) to collaborate in establishing a business focused on the production and development of digital solutions in the clean energy sector (“Business”). The JVA outlines their mutually agreed rights and obligations in relation to the conduct of the Business, affairs and operation of a company to be incorporated by the Parties ("JV Company"), upon the terms and conditions set out in the JVA.

(ACSB and SESB are collectively referred to as the "Parties" or "Shareholders", and individually as the "Party"). 

Please refer to the attachment for further details.

This announcement is dated 20 August 2024.