AIC Corp Bhd said that its subsidiary AIC Technology Sdn Bhd has decided not to proceed with the proposal to participate in a joint-venture company with MTN Inc.
AIC Technology and MTN Inc had entered into a memorandum of understanding (MoU) on Dec 2 last year for the proposed joint-venture company to do research, design and develop, manufacture, market and sell multimedia display products including TFT LCD display boards in Malaysia.
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