MiLOC Group Limited - EXCLUSIVE DISTRIBUTION RIGHTS

CRUSHMETRIC

02/03/2022 10:28

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RNS Number : 3711D  MiLOC Group Limited  02 March 2022

2 March 2022

 

MiLOC GROUP LIMITED

("MiLOC",  "the Group" or "the Company")

 

EXCLUSIVE DISTRIBUTION RIGHTS

 

 

MiLOC is pleased to announce that its wholly-owned subsidiary, MiLOC
Biotechnology Limited, has been granted the exclusive distribution rights by
CRUSHMETRIC Limited (hereinafter collectively referred to as "the Partner") to
distribute our Partner's designer products including but not limited to the
CRUSHMETRIC SwitchPen in all online and offline platforms.

 

The Partner was established in 2021 and is 51% owned by Noah Deledda who is a
famous American can sculptor and artist, and 49% owned by Mr. Ong Ban Poh
Michael, CEO of MiLOC.

 

The Directors believe that by bringing new product lines to the Group, the
brand awareness of MiLOC will be enhanced and its sales revenues will
increase.

 

The directors of the Company accept responsibility for the contents of this
announcement.

 

For further information, please contact:

 

 MiLOC

 ONG Ban Poh Michael - Chief Executive Officer

 Lilian Lo - Acting Chief Financial Officer      Tel: +852 2110 4221

 AQSE Growth Market Corporate Adviser            Tel: +44 (0) 20 7469 0930

 PETERHOUSE CAPITAL LIMITED

 Guy Miller

 Mark Anwyl

 

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