MIDI plc - Non‐Binding MOU with AC Enterprises Ltd

On 20 December 2021, MIDI plc announced that it entered into a non‐binding memorandum of understanding with AC Enterprises Limited to explore the possibility of establishing a joint venture with respect to the development of Manoel Island. Discussions are ongoing and may or may not result in a transaction. Moreover, any eventual agreement will be subject to MIDI’s contractual obligations and any necessary regulatory and shareholder approvals in terms of law.

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