TechMedia Acquires TechMedia Advertising Mauritius

TechMedia Advertising, Inc. has announced that it has entered into a letter of intent (the “Letter of Intent”) with TechMedia Advertising Mauritius Mauritius”), a Mauritius company, with respect to the acquisition by the Company of all of the outstanding shares in the capital of TM Mauritius Mauritius Capital”) from the shareholders of TM Mauritius in exchange for the Company issuing 24,000,000 (post forward stock-split) shares of common stock of the Company (or such other number of shares as the parties shall mutually agree in the formal agreement) to the shareholders of TM Mauritius.

Concurrent with the closing of the formal agreement, it is intended that the controlling shareholder of the Company, Mr. Alan Goh, will voluntarily surrender for cancellation 24,000,000 shares of common stock registered in his name.

TM Mauritius is the sole shareholder of TechMedia Advertising India Inc. , a company organized under the laws of India, or is in the process of acquiring all of the issued and outstanding shares in the capital of TM India, which is in the business of selling outdoor advertising on billboards and digital signs in India located in high traffic locations, which locations range from transportation vehicles, commercial buildings, supermarkets and restaurants, by partnering with media space owners.

Upon completion of the acquisition of all of the issued and outstanding shares of TM Mauritius, the Company will have changed its business to streaming digital media advertising in India.

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