Thursday 28 Mar 2024
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KUALA LUMPUR (Nov 10): Newspaper publisher Utusan Melayu (M) Bhd has signed a memorandum of understanding (MOU) with UK-based Cisco International Ltd.

Under the MOU, Utusan and Cisco will conduct a feasibility study on the possible application of Cisco's Internet technologies in Utusan, according to Utusan's filing with Bursa Malaysia today.

Utusan said Cisco's expertise would enable it to identify business opportunities using the Internet.

According to Utusan, the MOU is not expected to have any material financial impact on the company for financial year ending December 31, 2014.

Utusan shares were untraded today. Last Friday, the stock closed at 71 sen for a market capitalisation of RM78.62 million.
 

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