Multiplex
Technologies Inc. Completes a Reverse Take-over
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Effective at the opening this morning, Multiplex Technologies Inc. resumed trading on the
Vancouver Stock Exchange, having completed a Reverse Take-over. The company is classified
as a "Venture" company and trades under the symbol "MPX".
The company's wholly-owned Malaysian subsidiary, Nilai Lanjut Sdn. Bhd., has acquired a 20
percent equity interest in Yeng Chong Realty Sdn. Bhd. from Maranatha Tours & Travel
Sdn. Bhd. Yeng Chong is engaged in real estate development in Malaysia. Multiplex
Technologies plans to become actively involved in the development of real estate in
Malaysia through its interest in Yeng Chong.
The company's capitalization is 500 million shares with no par value of which 99,078,707
are currently issued and outstanding (including 38,864,033 shares in escrow). Golden
Capital
Securities Ltd. is the sponsoring member and Pacific Corporate Trust is the transfer
agent.
For further information, please refer to the company's filing statement dated July 28,
1997.
MULTIPLEX TECHNOLOGIES INC.
Robert Wang, President & Director
400 - 1055 West 14th Street
North Vancouver, BC V7P 3P2
Phone: (604) 990-7228 |
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