RC365 Holding PLC mPOS Development Agreement
2023年7月20日 - 3:00PM
RNSニュース (英語)
TIDMRCGH
RC365 Holding PLC
20 July 2023
20 July 2023
RC365 Holding Plc
("RC365" or the "Company")
Mobile Point of Sales ("mPOS") Development Agreement
RC365 Holding Plc ("RC365"), a company focusing on payment
gateway solutions and IT support, is pleased to announce that its
Hong Kong subsidiary, Regal Crown Technology Limited ("Regal
Crown"), signed a mPOS Development Agreement ("Agreement") with
Cooper Technology Sdn Bhd ("Cooper Technology") for the upgrade of
Regal Crown's existing mPOS program.
An mPOS is a portable and handheld point of sale device, such as
a smartphone or a tablet, that functions as a register. It is
typically linked to traditional hardware like credit card machines
and receipt printers, and is run on cloud technology, which means
data can be accessed anywhere and anytime. mPOS and mobile payments
are growing increasingly popular due to the simpler payment
procedure, which lowers the overall transaction cost.
The upgrade to the mPOS program will enhance the user interface,
debug any possible bugs of the mPOS app and improve the stability
of the app for Android and iOS users.
The total consideration payable, to be satisfied in cash, is
HK$1,000,000. The consideration payable will be financed from the
Company's existing cash reserves. Regal Crown expects to generate
revenues during Q4 of FY24.
This Agreement is part of RC365's strategy to expand into the
Malaysian market and the Company intends to open an office in
Malaysia during Q4 FY24. Application has been made to the Hong Kong
Government by Regal Crown and RCPAY Limited, a wholly owned
subsidiary of RC365, for the BUD Fund FTA programme for a
HK$1,000,000 non-refundable grant to each company. This grant will
facilitate the expansion into the Malaysian market.
For further information please contact:
RC365 Holding plc T: +852 2251 1621
Chi Kit LAW, Chief Executive Officer E: ir@rc365plc.com
Guild Financial Advisory Limited - T: +44 (0)7973 839767
Financial Adviser E: ross.andrews@guildfin.co.uk
R oss Andrews
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END
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