News and Announcements
Leaf Signs MOU with Malaysian Government Agency
- Published October 25, 2016 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
25th October 2016, ASX Announcement
Highlights
- Leaf Resources and its US-based joint development partner are working with two agencies of the Federal Government of Malaysia to further advance the development in Malaysia of at least one commercial-scale, second-generation, bio-chemical production facility.
- Leaf has signed a Memorandum of Understanding with Agensi Inovasi Malaysia and a Letter of Facilitation and Collaboration with Malaysian Bioeconomy Development Corporation, both of which specify the objectives to be jointly undertaken by the parties to further advance Leaf’s project development efforts in Malaysia.
- Leaf believes that Malaysia, with its abundant biomass resources, its advantageous location within the ASEAN region, and the active commitment of both the Federal and State Governments, presents a unique combination of all the attributes necessary to be a successful site for a “platform” Glycell™ production facility
Leaf Resources Ltd (ASX: LER, “Leaf”), together with Leaf Development, its US-based joint development partner, is pleased to announce the achievement of significant milestones related to the development in Malaysia of at least one commercial-scale, secondgeneration, bio-chemical production facility.
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