KUALA LUMPUR, Malaysia, July 12, 2021 (GLOBE NEWSWIRE) — A Memorandum of Understanding (MOU) will be sealed on 1 August between Toga Limited’s (OTC: TOGL) wholly-owned subsidiary, TOGL Technology Sdn Bhd (TOGL Technology), and INTI International College Subang, for the Annual Yippi Sticker Contest, beginning 1 August to mid-December 2021.
The MOU provides both parties an opportunity to initiate joint projects such as promotional programs and activities, on top of the institution’s panel of judges who will be assessing and evaluating all competition entries.
“This is our fourth year organizing the Yippi Sticker Contest, where we are able to provide a platform for highly creative group to express their creativity and inspiration to the fullest through their sticker creations and meet like-minded artistic individuals.
This MOU represents our continued collaboration with local universities such as INTI, and our commitment in providing an outlet for young people to tap into their creativity. This in turn increases our collection of stickers so as to provide our Yippi users with a better engagement experience as communication technology continues to advance and the sticker collections evolve with it,” said TOGL Technology Chief Operating Officer, Mr. Edward Ng Boon Chee.
INTI International College Subang, which is part of the INTI International University & Colleges under the HOPE Education Group, offers an extensive array of pathways to graduate from high-quality and career-oriented academic programs including pre-university to postgraduate courses in various academic disciplines. Apart from its campus in Subang, INTI also has campuses in Kuala Lumpur, Nilai in Negeri Sembilan, Penang and Sabah in Malaysia.
Alexander D. Henderson
TOGA LIMITED, 515 S. Flower Street, 18th Floor, Los Angeles, CA 90071
Certain statements in this press release are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Any statements contained herein that are not statements of historical fact (including, but not limited to, statements to the effect that Toga Limited or its management (the “Company”) “anticipates,” “plans,” “estimates,” “expects,” or “believes,” or the negative of these terms and other similar expressions) should be considered forward-looking statements, including, without limitation, statements regarding the Company’s guidance, outlook, growth, opportunities and long-term strategy. These statements involve certain risks and uncertainties that may cause actual results to differ materially from expectations as of the date of this release. These risks and uncertainties include, without limitation, risks associated with the impact of the COVID-19 pandemic; the Company’s ability to execute on its long-term strategy; the Company’s ability to successfully compete in its intensely competitive industry; the Company’s ability to manage its growth; the Company’s ability to maintain or improve its operating margins; the Company’s ability to identify and react to trends in consumer preferences; product supply disruptions; general economic conditions; accounting standard changes; and other factors as set forth from time to time in the Company’s Securities and Exchange Commission filings, including, without limitation, the Company’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. The Company intends these forward-looking statements to speak only as of the time of this Press Release and does not undertake to update or revise them as more information becomes available, except as required by law.