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Myanmar

14 Sep 2017 10:16

RNS Number : 7570Q
MySQUAR Limited
14 September 2017
 

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

damien@mccrystal.info

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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