MMag Holdings Berhad announced that Line Clear Express and Logistics Sdn Bhd, a sub- subsidiary of the company had on December 28, 2020 entered into a League Agreement with SF Express. As a provider of express delivery and transportation services, SF Express intends to provide customers in the territory of Malaysia except Sabah and Port Klang with comprehensive express order fulfilment and comprehensive transportation solutions. Line Clear has the ability and the requisite license in the Territory to engage in the sales of express products, pickup and delivery services, customs clearance, international express delivery and/or cargo transportation within its business scope. SF Express will provide trademark authorization, design support, product support, system empowerment, market management training, personnel training, legal support, after- sales support. Line Clear will provide office workers, deliverymen, delivery vehicles, implementation of all SF Express' businesses in Malaysia, promotion and development of SF Express' brand, specific implementation of SF Express' products in Malaysia, use of SF Express' software, spreading and enrichment of SF Express's philosophy, and accomplishment of SF Express' after-sales services and other jobs. Subject to clause in Section 4 of this announcement, either Party may terminate the agreement by giving at least three calendar months' written notice to the other Party. In case of any loss caused by Line Clear's early termination, SF Express shall be liable for compensation. Upon signing, the Agreement shall be valid from December 15, 2020 to December 14, 2023. Both parties agree that the cooperation shall remain in pilot run from December 15, 2020 to February 14, 2021.