SOURCE: Royale Globe Holding Inc

April 02, 2015 15:49 ET

Royale Globe Holding Inc Enters Into an Agreement to Acquire 99.6% Ownership of MARICOM SDN BHD

KUALA LUMPUR, MALAYSIA--(Marketwired - Apr 2, 2015) -  Royale Globe Holding Inc (OTCQB: ROGP) announces that on March 20, 2015, it has entered into a Share Exchange Agreement with RMC MINING SDN BHD, a company incorporated under the laws of Malaysia ("RMC") and MARICOM SDN BHD, a company registered under the laws of Malaysia ("MARICOM"). Under this Agreement, the Company will issue 600,000,000 (Six Hundred Million) shares of common stock to RMC in exchange for 99.6% of the total ownership of MARICOM.

About Royale Globe Holding Inc: Royale Globe Holding Inc (OTCQB: ROGP) is a development stage company that is actively considering various acquisition targets and other business opportunities.

Safe Harbor Statement

Certain of the statements made in this press release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause Royale Globe Holding Inc's actual results to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. In addition to statements that explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "belief," "intends," "anticipates" or "plans" to be uncertain and forward-looking. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings. These filings are available at www.sec.gov. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.

Contact Information

  • Investor Relations Contact:

    Ho Shih Khiam
    Chief Executive Officer

    Address:
    68, Soi Suphaphong 3
    Yak 8, Sirinakarn 40 Road
    Nonghob, Praver, 10250 Bangkok, Thailand

    Email: Email Contact
    Phone: 013-3641826
    Fax: 03-21430777