14th Sep 2017 10:16
14 September 2017
RNS REACH ANNOUNCEMENT (NON-REGULATORY)
MySQUAR Limited ("MySQUAR" or the "Company")
Myanmar
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, notes that some investors have expressed concerns in relation to the increased attention Myanmar has recently received in the global media.
The Company would like to reassure investors that MySQUAR's daily operations and market strategy are not affected as the civil unrest is confined to a restricted rural area and is considered unlikely to spread. Telecoms and businesses are unaffected and operating in their normal capacity. MySQUAR's marketing and business development teams are based in Yangon and the majority of the operations team is based in Vietnam.
For further information:
MySQUAR Limited | |
Eric Schaer (Chief Executive) | Tel: +65 6818 6089 |
Pham Dang Hung (CFO) | |
SP Angel Corporate Finance LLP | |
Nominated Adviser | Tel: +44 (0) 203 470 0470 |
Stuart Gledhill/Soltan Tagiev
Beaufort Securities Limited Broker Jon Belliss/Elliot Hance
Public Relations Damien McCrystal
|
Tel: +44 (0) 207 382 8300
Tel: +44 (0) 781 677 0758
|
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