10th Aug 2017 07:00
10 August 2017
MySQUAR Limited ("MySQUAR" or the "Company")
MMORPG Game Launch
MySQUAR, the Myanmar-language social media, entertainment and payments platform whose principal activity is to design, develop and commercialise Myanmar-focused internet-based mobile applications, is excited to announce the launch of a new hardcore game called Land of Magic and the addition of Nanbat Wingabar to the Lucky Wingabar casual gaming platform.
Land of Magic (landofmagicmm.com) is the first MMORPG (massively multiplayer online role-playing game) targeted at the Myanmar market, the game allows users to choose from among three classes of characters with each class offering 9 unique skill sets. The game features realistic 3D graphic design, the ability to create clans/guilds for a group of players that regularly play together and a PvP (player versus player) fighting arena.
This genre is unique to the Myanmar market and Land of Magic is anticipated to benefit from the existing user base of other games and the integration with Telenor Myanmar for seamless payment. Land of Magic will use the 'freemium' model, which allows free play up to a certain level, after which players will have to pay for purchasing in-game items and has been developed for both Android and iOS devices.
This game will replace WuKong as the Company feels it will create greater revenue opportunities.
Nanbat Wingabar is a lottery game with three different game modes and had such a strong reception during an initial test phase that additional modes were added.
Eric Schaer, CEO of MySQUAR, said: "MySQUAR is pleased to bring the first MMORPG game to the Myanmar market and the Company will continue to deliver live action game formats unique to the Myanmar market. The Company remains focused on achieving monetisation targets and building new partnerships."
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.
For further information:
MySQUAR Limited |
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Eric Schaer (Chief Executive) | Tel: +65 6818 6089 | ||
Pham Dang Hung (CFO) |
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SP Angel Corporate Finance LLP |
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Nominated Adviser | Tel: +44 (0) 203 470 0470 | ||
Stuart Gledhill/Soltan Tagiev
Beaufort Securities Limited Broker Jon Belliss/Elliot Hance
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Tel: +44 (0) 207 382 8300
Tel: +44 (0) 781 677 0758
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