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eBworx Berhad Receives Approval For Listing On MESDAQ
| The Board of Directors of CSE Global Ltd ("CSE") wishes to announce that its associated company, eBworx Berhad ("eBworx") has received approval from the Securities Commission ("SC") and the Kuala Lumpur Stock Exchange ("KLSE") to list on the MESDAQ market on the KLSE. As at the date of this announcement, CSE owns 50% of eBworx Berhad.
The eBworx Group, based in Malaysia, provides a wide array of innovative digital commerce solutions to the financial services industry. eBworx was granted MSC status on 11 February 2002. It has a regional clientele which includes Affin Bank Berhad, AmBank Group, ING Insurance Berhad, OCBC Bank (Malaysia) Berhad, Southern Bank Berhad, United Overseas Bank (Malaysia) Berhad, P.T. Bank Central AsiaTbk, P.T. Bank Danamon Indonesia Tbk, P.T. Bank Lippo, Keppel Insurance Pte Ltd, Overseas-Chinese Banking Corporation Limited, Kasikornbank Public Company Limited and Krung Thai Bank PCL. eBworx is scheduled to be listed on the MESDAQ Market of the KLSE some time in the fourth quarter of this year. eBworx's flotation exercise will be led by OSK Securities Berhad, which acts as both Adviser and Lead Manager. |
| Published: Thursday, 2 October 2003 |
| Publication: SGX |
