Integrated Media Technology Limited Announces Securing Supply of Durians for Sales
SYDNEY and KUALA LUMPUR, Malaysia, Feb. 15, 2022 /PRNewswire/ -- Integrated Media Technology Limited (NASDAQ: IMTE) ("IMTE" or the "Company"), announces today 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 to the Asia and China markets. Additional supply of containers of durian will depend on WISE's sales orders. WISE is a Malaysia company engaged in the business of the provision of Halal certification to qualified businesses / operations, the establishment of Halal products supply chain, and sale of Halal products.
Dato' Megat Radzman, CEO of WISE, stated "We are excited to secure the first supply of the highly sought durian products from Malaysia. This is our first foray in the sales of durian products, and we intend to use this as an entry into new market to promote our Halal certification, and product and services." Dato' Megat Radzman further added, "There are strong demand for halal products worldwide. We are now following up on enquiries from Asia and Europe interested in working with us on Halal products. We hope to open the European markets through a strategic link up with distributor(s) in Europe, as this will be one of the key markets for us going forward."
Mr. Xiaodong Zhang, IMTE CEO, stated "WISE's long-term strategy is to build a global supply chain for Halal products on a secure digital marketplace for growers, producers and traders. The supply contract for durians gives us immediate market recognition and allow us to pursue our Halal initiatives in these markets."
About World Integrated Supply Ecosystem Sdn. Bhd. ("WISE")
WISE is a Malaysia company engaged in the business of providing Halal certification to qualified businesses / operations, the establishment of Halal products supply chain, and sale of Halal products.
About Integrated Media Technology Limited ("IMTE")
IMTE is an Australian company engaged in the business of manufacture and sale of nano coated plates for filters, the manufacture and sale of electronic glass, the operating of an online exchange platform for trading in digital assets and the provision of financial research. For more information, please visit www.imtechltd.com.
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SOURCE Integrated Media Technology Limited
