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EMORANDUM OF AGREEMENT WITH CAMBODIAN RESORT AND ENTERTAINMENT CO., LTD

INTRODUCTION

The Board of Directors of MQTech wishes to announce that its wholly-owned subsidiary, Star Acres Sdn Bhd (“SASB”), had on 12 December 2016 entered into a Memorandum of Agreement (“MoA”) with Cambodian Resort And Entertainment Co., Ltd (CRE) (collectively referred to as the “Parties”) to collaborate on the development and management of a theme park in the Kingdom of Cambodia (“Project”).



This announcement is dated 13 December 2016.

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