News

Status of Prestariang Systems Sdn. Bhd. ("PSSB") As Channel Partner Of Microsoft Regional Sales Pte. Ltd. ("Microsoft")

BackSep 15, 2020
Type Announcement
Subject OTHERS
Description

PRESTARIANG BERHAD ("PRESTARIANG" OR "THE COMPANY")
- STATUS OF PRESTARIANG SYSTEMS SDN. BHD. ("PSSB") AS CHANNEL PARTNER OF MICROSOFT REGIONAL SALES PTE. LTD. ("MICROSOFT")

The Company wishes to announce that PSSB, a wholly-owned subsidiary of the Company, had been informed on 14 September 2020 by Microsoft that it will discontinue PSSB’s role as its Channel Partner effective 31 January 2021. PSSB was renewed as Microsoft’s Channel Partner pursuant to a Channel Partner Agreement made between PSSB and Microsoft effective on 1 October 2019.

 

The Company is in the midst of evaluating the impact of Microsoft’s decision and intends to engage with Microsoft for further clarification on the matter. The Company will  make the relevant update announcement(s) on the foregoing in due course.

 

This announcement is dated 15 September 2020. 




Announcement Info

Company Name PRESTARIANG BERHAD
Stock Name PRESBHD
Date Announced 15 Sep 2020
Category General Announcement for PLC
Reference Number GA1-14092020-00117