RECEIPT OF PAYMENT FROM INDONESIAN PARTNER
SyQic (AIM: SYQ), a fast growing provider of live TV and on-demand video content across mobile and internet enabled consumer devices, announces that it has received the payment from its Indonesian customer that was described as having been “in transit” in the Final Results RNS issued on 23 June 2015.
For further information:
Jamal Hassim, Group Chief Executive OfficerTel: +44 (0) 20 7933 8780
Steve Elliff, Chief Financial Officerwww.syqic.com
Allenby Capital Limited
Alex Price / Jeremy PorterTel: +44 (0) 20 3328 5656
Walbrook, Financial PR and IR
Guy McDougallTel: +44 (0) 20 7933 8790
Notes to Editors:
SyQic is a fast growing provider of live TV and on-demand video content across mobile and internet enabled consumer devices. Incorporated in Jersey and headquartered in the UK, it has a significant service footprint in Singapore, Indonesia and Malaysia.
The Group launched its new Korean content service called “Cool2vu” in Malaysia, Singapore and Indonesia in January 2015 streaming high demand Korean content utilising an advertising revenue model. The service has since been expanded to include Europe, South America, Central America, India and the Philippines.