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MOBILITYONE | Directorate Change | RNS

RNS Number : 3676Y
MobilityOne Limited
29 February 2012

29 February 2012

MobilityOne Limited

("MobilityOne" or the "Company")


Directorate Change


The Board of MobilityOne announces that Kjetil Bohn will step down as a non-executive director of the Company with effect from 1 March 2012 in order to focus on his other business interests.


Dato' Hussian A. Rahman, the Company's CEO, said: "I would like to take this opportunity to thank Kjetil Bohn for his contribution to MobilityOne and wish him every future success."


For further information, please contact:


MobilityOne Limited

+6 03 8996 3600

Dato' Hussian A. Rahman, CEO




Allenby Capital Limited (Nominated Adviser and Broker)

+44 20 3328 5656

Nick Athanas/James Reeve

Newgate Threadneedle

+44 20 7653 9850

Robyn McConnachie/Alex White





About MobilityOne:


MobilityOne is the holding company of an established group of companies in the business of providing e-commerce infrastructure payment solutions and platforms through their proprietary technology solutions, which are marketed under the brands MoCS and ABOSSE.


The Group has developed an end-to-end e-commerce solution which connects various service providers across several industries such as banking, telecommunication and transportation through multiple distribution devices such as electronic data capture ("EDC") terminals, mobile devices, automated teller machines ("ATM") and internet banking.


The Group's technology platform is flexible, scalable and has been designed to facilitate cash, debit card and credit card transactions from multiple devices while controlling and monitoring the distribution of different products and services.


For more information, please refer to our website at www.mobilityone.com.my


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

MobilityOne Limited is engaged in the business of providing e-commerce infrastructure payment solutions and platforms. The Company is a solution provider for electronic transactions and payments in the South East Asia Region. The Company's technology allows accepting transactions through multiple channels, such as mobile phones, Internet, electronic data capture terminals, Internet banking portal, automated teller machines (ATM) and mobile banking. The Company operates in three segments: Telecommunication services and electronic commerce solutions, Hardware and Remittance services. It offers services for mobile operators, financial institutions, hypermarkets, retailers and other service providers requiring payment and transactional technology. The Company offers aggregation service, international remittance and solution provisioning. It provides a bridge between the service providers to their end consumers using its technology to accept transactions. more »

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