Luster Industries Bhd announced further to its announcement made on 13 August 2020 pertaining to the memorandum of understanding made between the company with Jiangsu Suzhong Construction Group Co., Ltd. and China Tianying Inc. to record their understanding relating to the cooperation, construction and operation of the Integrated Waste to Energy Industrial Park Facility propose to be established in Kedah, Malaysia, the board of directors of the company announced that there is no material development on the status of the memorandum of understanding as announced previously.