23 Nov 2015 11:36
FOR IMMEDIATE RELEASE 23 November 2015
Kuala Innovations Limited ("the Company")
Result of General Meeting
Change of Name
The Company is pleased to announce that, further to the announcement made on 3 November 2015, the resolution at the General Meeting put to Shareholders, held at 11 a.m. today, at the offices of Elysium Fund Management Limited, 1st Floor, Royal Chambers, St Julian's Avenue, St Peter Port, Guernsey, GY1 3JX, was duly passed.
The Company has therefore approved the change of name to FastForward Innovations Limited; trading on AIM under the new name is expected to become effective from 8.00am on 24 November 2015. In conjunction with the name change, the Company's TIDM will become 'FFWD' from that date. The Company's website will remain www.kualainnovations.com until such time as a new website has been set up; a further announcement will be made at that stage.
Stephen Dattels, joint executive Chairman of the Company commented: "This name change reinforces our mission statement, to invest in disruptive technologies that will shape the future, which is based on a number of the ideas set out by Jim Mellon and Al Chalabi in their book Fast Forward."
For further information please visit www.kualainnovations.com or contact:
Kuala Innovations Limited Elysium Fund Management Limited www.kualainnovations.com | Tel: Tel: +44 1481 810 100 |
Beaumont Cornish Limited (Nomad) James Biddle / Michael Cornish
| Tel: +44 (0) 207 628 3396 |
Peterhouse Corporate Finance Limited (Broker) Guy Miller / Lucy Williams
| Tel: +44 (0) 20 7469 0930 |