OTHERS M3 TECHNOLOGIES (ASIA) BERHAD ("M3" OR "COMPANY") - CLARIFICATION ON NEWSPAPER ARTICLE IN THE NEW STRAITS TIMES DATED 6 APRIL 2017

M3 TECHNOLOGIES (ASIA) BERHAD

Type Announcement
Subject OTHERS
Description
M3 TECHNOLOGIES (ASIA) BERHAD ("M3" OR "COMPANY")
- CLARIFICATION ON NEWSPAPER ARTICLE IN THE NEW STRAITS TIMES DATED 6 APRIL 2017

Reference is made to the article entitled “M3 Ships T-Bike Devices to Indonesia” which appeared on page B6 of The New Straits Times on 6 April 2017, the second paragraph as follows:

 

“M3 said the shipment was part of a two-year agreement signed between Mobiletren and Telkomsel in January, where M3 was to supply an estimated 285,000 units of T-Bike devices valued at RM53.23 million.”

 

The Company wishes to clarify that the supply of an estimated 285,000 units of T-Bike devices valued at RM53.23 million (“Supply”) includes charges for professional services, after sales service, maintenance support service, etc. The Supply will be carried out in stages over a 2-year period, commencing 12 January 2017 as set out in the said agreement.

 

This announcement is dated 6 April 2017.






Announcement Info

Company Name M3 TECHNOLOGIES (ASIA) BERHAD
Stock Name M3TECH
Date Announced 06 Apr 2017
Category General Announcement for PLC
Reference Number GA1-06042017-00062