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MOL Global, Inc. Announces That All Future Financial Disclosures Will Be Made With OTC Market

2016-08-30 03:30 ET - News Release

KUALA LUMPUR, Malaysia, Aug. 30, 2016 (GLOBE NEWSWIRE) -- MOL Global, Inc. ("MOL" or the "Company"), a leading e-payment enabler for online goods and services in emerging and developed markets, would like to invite shareholders and the public to view the Company’s past and current filings with SEC and its future OTC Market filings by quoting the Company’s ticker symbol “MOLGY” in the OTC Market webpage http://www.otcmarkets.com/home.

“Our obligation to our shareholders to provide timely disclosures remains a top priority. Going forward we feel that this is the most efficient way to communicate with the investment community while continuing to focus on the business at hand,” said Preecha Praipattarakul, Global CEO of MOL Global, Inc.  

About MOL Global, Inc.

MOL Global, Inc. (OTC PINK:MOLGY) is a leading e-payment enabler for online goods and services in emerging and developed markets. MOL operates a payments platform that connects consumers with digital content providers, telecommunications service providers and online merchants by providing a vast network of distribution channels that accepts cash and online payment methods. Its physical distribution network comprises more than 970,000 locations in 11 countries across four continents. The Company also has mobile payment channels, electronic distribution channels that accept major credit cards and online banking from more than 100 banks. For more information, please visit ir.mol.com.

FORWARD LOOKING STATEMENT

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident," "target," "going forward" and similar statements. Among other things, our strategic and operational plans contain forward-looking statements. We may also make written or oral forward-looking statements in our periodic reports to the U.S. Securities and Exchange Commission, in our annual report to shareholders, in press releases and other written materials and in oral statements made by our officers, directors or employees to third parties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: our growth strategies; our future business development, including development of new products and services; our ability to attract and retain users and customers; competition in each of the markets in which we operate; changes in our revenues and certain cost or expense items as a percentage of our revenues; and the expected growth of the e-payment market and the number of e-payment users. Further information regarding these and other risks is included in our filings with the Securities and Exchange Commission. We do not undertake any obligation to update any forward-looking statement, except as required under applicable law. All information provided in this press release and in the attachments is as of the date of the press release, and we undertake no duty to update such information, except as required under applicable law.

MOL Global, Inc.

Charles Tan

Email: IR@mol.com

For more information, visit the web site at ir.mol.com

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