OTHERS M3 TECHNOLOGIES (ASIA) BERHAD ("M3TECH" OR "THE COMPANY") - MASTER LEASING AGREEMENT FOR i3DISPLAY CLOUD PLATFORM IN THAILAND

M3 TECHNOLOGIES (ASIA) BERHAD

Type Announcement
Subject OTHERS
Description
M3 TECHNOLOGIES (ASIA) BERHAD ("M3TECH" OR "THE COMPANY")
- MASTER LEASING AGREEMENT FOR i3DISPLAY CLOUD PLATFORM IN THAILAND

We refer to our previous announcement on Master Leasing Agreement for i3Display Cloud Platform in Thailand dated 22 July 2016 and we wish to furnish below the additional information:-

 

1) The commencement of the Master Leasing Agreement (“Agreement”) will be on 1 September 2016 (the target date of delivery of i3Display to Show DC Mall).

 

2) The value of the Agreement is worth RM 1.44 million for a period of 5 years with option for renewal of another 5 years.

 

3) This Agreement is significant for M3 Technologies (Thailand) Co., Ltd as Show DC is a landmark in Bangkok and also for the M3TECH Group. i3Display is now in Thailand besides Malaysia, Taiwan and China. 

 

This announcement is dated 26 July 2016.






Announcement Info

Company Name M3 TECHNOLOGIES (ASIA) BERHAD
Stock Name M3TECH
Date Announced 26 Jul 2016
Category General Announcement for PLC
Reference Number GA1-25072016-00102