Luster Industries Bhd announced pertaining to the MOU 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 MOU has lapsed and the cessation of the MOU is not expected to have any effect on the earning, net assets and gearing of Luster Group for the financial year ended 31 December 2021.