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SSF Home Group Bhd said that its wholly owned unit, SSF Sdn Bhd (SSFSB), and Pura Vida Enterprise have mutually agreed to terminate their memorandum of understanding (MoU) linked to the Haqqi Mall e-commerce portal owned by Koperasi Tabung Haji Bhd.
The company said in a bourse filing today that the decision followed “a strategic re-evaluation of the Haqqi Mall project in light of evolving market conditions and recent developments in the national e-commerce ecosystem.”
SSF added that the termination will not have any material impact on its earnings, net assets, gearing, share capital or substantial shareholders’ shareholding for the financial year ending April 30, 2026.
“The board, having taken into consideration all aspects of the termination, is of the opinion that the termination is made in the best interests of the company,” the filing stated. — TMR
The post SSF Home, Pura Vida terminate MoU on Haqqi Mall projec appeared first on The Malaysian Reserve.