INTEGRATED MEDIA TECHNOLOGY LIMITED ANNOUNCES MEMORANDUM OF UNDERSTANDING TO DEVELOP SOURCING CHANNEL OF HALAL PRODUCTS IN THAILAND4 min read
SYDNEY and NEW YORK, June 9, 2022 /PRNewswire/ — Built-in Media Engineering Limited (NASDAQ: IMTE) (“IMTE” or the “Corporation”), announces today that the Firm’s subsidiary Planet Integrated Offer Ecosystem Sdn. Bhd. (“Smart”) has entered into a memorandum of comprehension with Central Islamic Council of Thailand (CICOT), the Halal Standards Institute of Thailand and the Halal Science Centre Chulalongkorn College Thailand (with each other as “Thailand Partners”), to create a strategic partnership to collaborate in Halal affairs like establishing benchmarks, inspection, certification, Halal forensic science laboratory and study exchanges.
The Thailand Companions are to actively deliver and support Intelligent to procure Halal products in Thailand. The Thailand Companions are very well positioned in the Thailand marketplaces to discover Thai firms for collaboration in buying approach, high quality handle, hazard evaluation, and procedure administration. In addition, the parties will actively produce modern on the internet cooperation to advertise Halal solutions via on the internet platform activities and trade promotions, as nicely as on organizing joint academic situations such as on-line instruction classes, conferences and seminars. The parties shall also share means together with the use the title and logo of the Thailand Associates on internet marketing resources and web sites as a “strategic partner”.
Mr. Xiaodong Zhang, IMTE’s CEO mentioned, “Thailand is 1 of the world’s most critical meals producers with huge creation and export potential for Halal merchandise. We glimpse forward to working with these 3 esteemed companies to develop Thailand as one particular of our essential strategic sourcing channels. This MOU lays the foundation for sourcing an array of Halal products to our European distributors and will boosted our Halal business enterprise in Southeast Asia and the globe.”
About Central Islamic Council of Thailand (“CICOT”)
CICOT is the federal government body accountable for the certification, checking, and supervisio of Halal solutions in Thailand, as perfectly as Islamic affairs for The Muslim people of Thailand. The Kingdom of Thailand is an observer, represented by CICOT and the Halal Standards Association of Thailand (HSIT). The CICOT’s principal functions and products and services are govt session, Halal item certification, Halal publicity and marketing as a result of publications, radio, television, web site, etc.
About Halal Requirements Institute of Thailand (“HSIT”)
The Halal Benchmarks Institute of Thailand, an special authorized religious business, is administered by the Central Islamic Council of Thailand (CICOT). The HSIT was launched on August 11, 2003, to formulate and administer Islamic spiritual affairs in the Kingdom of Thailand. The polices governing the corporation of the Islamic Act (“AOI Act”) were declared by Parliament and obtained royal assent on 17 October 1997. With funds support from the Thai Governing administration, the HSIT aims to deal with Islamic affairs in the kingdom of Thailand, comply with authorities guidelines and boost the Thai food marketplace as the kitchen area of the earth.
About Halal Science Center Chulalongkorn College Thailand (“Halal Science Centre”)
The Halal Science Middle is a community of training heart and laboratory in Thailand focused to protecting Halal criteria. The Halal Science Heart presently has a collaboration with a variety of laboratories in different institutions in Thailand, focusing on the technological investigation and improvement of Halal-relevant science and the verification of Halal items and food items, as required by the sanctity of Islamic regulation. The Halal Science Middle also actively disseminates awareness about Halal goods to the community as a result of seminars.
About Built-in Media Technological innovation Restricted (“IMTE”)
IMTE is an Australian organization engaged in the company of manufacture and sale of nano coated plates for filters, the manufacture and sale of electronic glass, Halal certification and distribution of Halal products, the operating of an online exchange platform for investing in digital property and the provision of money investigate. For additional facts, please stop by www.imtechltd.com.
About Earth Built-in Provide Ecosystem Sdn. Bhd. (“Sensible”)
Wise is a Malaysia company engaged in the organization of furnishing Halal certification to experienced organizations / operations, the establishment of Halal products and solutions provide chain, and sale of Halal merchandise
Secure Harbor Pertaining to Forward-Hunting Statements
This push launch consists of forward-searching statements in just the indicating of Area 27A of the Securities Act of 1933 and Segment 21E of the Securities Trade Act of 1934, such as all those regarding IMTE’s expectations, intentions, techniques, and beliefs pertaining to foreseeable future occasions or upcoming money overall performance. Actual occasions or results may well vary materially from those people in the forward-wanting statements due to the fact of different critical things, together with individuals described in the Company’s most modern filings with the SEC. IMTE assumes no obligation to update publicly any these types of ahead-on the lookout statements, no matter if because of new information, potential functions or normally. For a far more entire description of the pitfalls that could cause our actual results to differ from our current anticipations, please see the section entitled “Risk Factors” in IMTE’s annual reports on Form 20-F and interim reports on Form 6-K filed with the SEC, as such factors may be updated from time to time in IMTE’s periodic filings with the SEC, which are accessible on the SEC’s web page and at http://www.imtechltd.com.
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