NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
Zurich/Jakarta, 23 December 2019 – FinTech company Achiko Ltd. (ACHI:SWX) has received an offer by Media Nusantara Group (“MNC”) to subscribe to an additional 2,000,000 shares at USD 1.00 a share. Subject to definitive documents and market conditions the transaction shall be completed within 30 days. MNC is already a significant shareholder of Achiko.
Germany and Austria
Axel Mühlhaus / Dr. Sönke Knop
T: +49 69 90 55 05-51
Farner Consulting Ltd.
T: +41 44 266 67 67
This communication expressly or implicitly contains certain forward-looking statements concerning Achiko Ltd. and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of Achiko Ltd. to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Achiko Ltd. is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise