Summary by Futu AI
On June 5, 2024, Kingkey Fin Int (Holdings) Limited ("Kingkey Fin Int") announced that it has signed a memorandum of understanding with Prime Road Power Public Company Limited, a listed company in Thailand ("potential partner"), to explore potential cooperation in the development of solar power plants and energy and environmental technology solutions. The aim of this collaboration is to promote the development of green finance products and expand Kingkey Fin Int's business in the field of green financing and investment in Asia. Both parties agreed not to negotiate with any other party regarding this cooperation within 60 days after the signing of the memorandum of understanding. The memorandum of understanding is not legally binding, but both parties will endeavor to reach a formal agreement on the terms of cooperation. The board of directors believes that if this cooperation can be realized, it will help Kingkey Fin Int to broaden its sources of income and serve the interests of the company and its shareholders.