APT is based in
Background of the Acquisition
IMOT considered this project to have good potential since all the products are environmentally designed and will never become obsolete. Besides, the products are made according to clients' designs and requirements, so they will always meet client needs.
Honeycomb paper products packing industry has a huge market with big
potential and wide prospects, and considering APT's industry knowhow,
experience and the advanced machinery from
Return on Investment (ROI)
IMOT shall take over an estimated total asset value of around
Based on the forecast of
This acquisition represents a breakthrough of IMOT's business to become an incubator for the modern green packing and honeycomb paper products packing industry in the next three years. Again, we expect to spin this project off for IPO within a 3-year period.
About Intermost Corporation (with plans to change its name to Uni Core Holdings Corporation)
Founded in the
Safe Harbor Statement
This press release contains forward-looking statements that involve risks, uncertainties and assumptions that, if they never materialize or if they prove incorrect, could cause the Company's results to differ materially from those expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any projections of earnings, revenue, or other financial items, any statements of the plans, strategies, and objectives of management for future operations, any statements concerning proposed new products, services or developments, any statements regarding future economic conditions or performance, statements of belief and any statements of assumptions underlying any of the foregoing. These statements are based on expectations as of the date of this press release. Actual results may differ materially from those projected because of a number of risks and uncertainties, including those detailed from time to time in the Company's reports filed with the Securities and Exchange Commission. The Company assumes no obligations and does not intend to update these forward-looking statements.
For more information, please contact: Mr. Caiyi Zhou Tel: +852-2827-6898 Fax: +852-2827-6989 Email: firstname.lastname@example.org Web: http://www.intermost.com
SOURCE Intermost Corporation