Monday, February 4, 2013
MDR
MDR: Company is looking to expand its business lines. Announced MOU to undertake 2 acquisitions.
1) Shenzhen Quanli Leather- a company based in Shenzhen, China and is in the business of manufacturing leather accessories for mobile phones and laptops; and Quanli Leather Company (Hong Kong)- a company based in Hong Kong Special Administrative Region of the People's Republic of China with its main business in the distribution of the final products manufactured by Shengzhen Quanli.
2)Pixio- a company incorporated in Malaysia and in the business of providing design solutions for and digital printing of Out Of Home advertisements.
MDR – Riding on the Myanmar story, the grp has incorporated a subsidiary in Myanmar that will spearhead its push into a market. The new co, with a paid-up and issued capital of US$50,000, will provide after-sales services of telecommunication devices to consumers in Myanmar. Grp will also be involved in the mobile devices and accessories distribution and retail businesses via its provision of exclusive consultancy and retail franchisee procurement services to Myanmar-based Golden Myanmar Sea (GMS).
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Cell phone charms are like key chains but for mobile phones. These are small accessories that can be anything from a bell to flower or any other shape that can be used to adorn your phone. While charms are for fashion purposes, they can actually serve a practical function of giving your phone a personalized look so that if you lost it or someone steals it, you can easily recognize if what you've found is your cell phone or not.
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