KUALA LUMPUR (June 2): Awanbiru Technology Bhd (Awantec) inked a Memorandum of Understanding (MoU) on Thursday (June 2) for the collaboration to create an online halal skills repository and platform.

In a bourse filing on Thursday, Awantec announced that its wholly-owned subsidiary Awantec Systems Sdn Bhd (ASSB), formerly known as Prestariang Systems Sdn Bhd, signed the MoU with Halal Development Corporation Bhd (HDC).

It said the platform will include online and physical training programs to promote and drive awareness in the halal economy to a wider global market, providing globally recognised and professionally guided training courses and programs in the halal economy.

“Amongst others, the scope of the proposed collaboration, encompass on providing an online platform that offers halal courses, job placement platform for halal talent, and Google base solution packages exclusive for halal Integrated Platform (HIP) members.

“Also, joint marketing efforts to cross promote HIP and the Google Cloud Small Medium Enterprise solutions via all marketing channels to both local and global markets,” the company said.

The MoU will remain in effect for a period of two years and the parties may apply to extend the MoU, based on mutually agreed terms, by a one month written notice prior to its expiry.

Shares of Awantec ended unchanged at 48.5 sen on Thursday, giving it a market value of about RM378.82 million.