Integrated Media Technology Limited Announces Securing Supply of Durians for Sales
SYDNEY and Kuala Lumpur, Malaysia, February 15, 2022 /PRNewswire/ — Integrated Media Technology Limited (NASDAQ: IMTE) (“IMTE” or the “Company”), today announces its subsidiary, World Integrated Supply Ecosystem Sdn. Bhd. (“WISE”) has secured a minimum of 3 containers of durian product for sale in April pursuant to a supply agreement with CSL Durian Holding Sdn. Bhd. WISE is expected to take delivery and sell these durians in April at Asia and China markets. Additional supply of durian containers will depend on orders from WISE. WISE is a Malaysia company specializing in providing Halal certification to qualified businesses/operations, setting up the supply chain of Halal products and selling Halal products.
Dato’ Megat Radzman, CEO of WISE, said, “We are delighted to secure the first supply of the highly sought-after durian products from Malaysia. This is our first foray into selling durian products, and we intend to use it as an entry into a new market to promote our Halal certification, as well as our products and services.” Dato ‘ Megat Radzman added: ‘There is a strong demand for halal products all over the world. We are now following requests from Asia and Europe interested in working with us on Halal products. We hope to open European markets through a strategic link with distributors in Europebecause it will be one of the key markets for us in the future.”
Sir. Xiaodong ZhangCEO of IMTE, said “WISE’s long-term strategy is to build a global supply chain for Halal products in a secure digital marketplace for growers, growers and traders. The Durian Supply Contract gives us immediate recognition in the market and enables us to pursue our Halal initiatives in these markets.
About World Integrated Supply Ecosystem Sdn. Bhd. (“WISE”)
WISE is a Malaysia company specializing in providing Halal certification to qualified businesses/operations, setting up the supply chain of Halal products and selling Halal products.
About Integrated Media Technology Limited (“IMTE”)
IMTE is an Australian company specializing in the manufacture and sale of nano-coated plates for filters, the manufacture and sale of electronic glass, the operation of an online exchange platform for the trading of digital assets and the provision of financial research. For more information, please visit www.imtechltd.com.
Sure Port declaration
This press release contains certain statements which may include “forward-looking statements”. All statements other than statements of historical fact included herein are “forward-looking statements”. These forward-looking statements, often identified by the use of forward-looking terminology such as “believes”, “expects” or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they involve assumptions, risks and uncertainties, and such expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements due to a variety of factors, including those discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Except as required by securities laws, the Company undertakes no obligation to update these forward-looking statements.
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SOURCE Integrated Media Technology Limited