Logo - About - Us
MOL Global, Inc. ("MOL" or the "Company") is a leading e-payment enabler for online goods and services in emerging and developed markets. We operate a payments platform that connects consumers with digital content providers , Telecommunications service providers and online merchants by providing a vast network of payment channels that accepts cash and online payment methods.
We also have mobile payment channels, electronic distribution channels that accepts major credit cards and online banking from over 100 banks.
With a clear focus on emerging markets, we continue to build great products and make an impact on the e- Payment world of tomorrow.
Is to be a trusted leading e-payment enabler for online goods and services that unlocks new possibilities for a better tomorrow.
We deliver convenience, simplicity, value-added and greater choices of services to our customers without compromising on the quality and security levels.
We harness the best in technology to reliable and a robust payment infrastructure capability to our customers and partners.
A steadfast commitment to long-term and successful partnerships based on trust, mutuality and integrity.
Our people uphold a high standard of personal conduct at work and always dedicated to value creation across stakeholders - customers, partners, employees and shareholders.
Our diverse products and services include the following:
MOLPoints, an online micropayment system which sells payment credits that can be used to purchase online game credits and digital content;
MOLReloads, a distribution network that distributes prepaid mobile airtime and digital content;
MOLPay, a payments solution for online merchants; and
MMOG.asia, an online games portal.
Our key competitive strengths include the following:
Extensive distribution network;
Broad content offering;
Powerful network effects;
Scalable financial model;
Flexible technology platform; and
Our vision is to be the dominant e-payment platform for digital services through emerging markets. Our business strategy includes the following:
Expand to new markets;
Execute our mobile strategy;
Expand our online merchant network;
Broaden our product penetration across our markets; and
Accelerate "real world" payments.
MOL Global, Inc. Announces its New Practice of Releasing Financial Results Semi-Annually
KUALA LUMPUR, Malaysia, May 26, 2016 (GLOBE NEWSWIRE) - MOL Global, Inc. ("MOL" or the "Company"), a leading e-payment enabler for online goods and services in emerging and Under the new practice, the Company expects to report its semi-annual unaudited financial results for the first half of 2016 in The Company remains committed to continued compliance with all the United States Securities and Exchange Commission (the "SEC") filing requirements, including the filing with the SEC a Form 6-K that the company's second quarter and a semi-annual income statement for the first two quarters and the filing of the company's annual report on Form 20-F with the SEC. The Company Also announced that it has achieved consolidated revenue of MYR 64.3 million (US $ 16.5 million) for the first quarter of 2016.
Mr Ramesh Pathmanathan, Chief Financial Officer of MOL Global, Inc. said: "After thorough discussions with our Board of Directors, auditing and legal teams, we have concluded that reporting earnings on a semi-annual basis would better reflect the Company's true business performance In moving to semi - annual financial reporting, we expect to provide more meaningful updates on the company 's business prospects to our shareholders and the finance community.
Mr Preecha Praipattarakul, Global Chief Executive Officer of MOL Global, Inc said: "Full transparency and open communication continues to remain paramount to the company. After a careful review, it was determined that the previous reporting process had more of a distraction, and The management team continued to remain focussed on the business, and welcome investor interest to the company.
About MOL Global, Inc.
MOL Global, Inc. (OTC Pink: MOLGY) is a leading e-payment enabler for online goods and services markets. MOL operators a payments platform that connects consumers with digital content providers, telecommunications service providers and online merchants by providing Its physical distribution network are more than 970,000 locations in 11 countries across four continents. The company also has mobile payment channels, electronic distribution channels that accept major credit cards and online banking from More than 100 banks. For more information, please visit ir.mol.com.
Safe Harbor Statement
These announcement contains forward-looking statements. "Safe harbor" provisions of the US Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects, "Anticipates," "future," "intends," "plans," "believes," "estimates," "confident," "target," "going forward" and similar statements. Among other things, our strategic and operational plans contain Forward-looking statements. We may also make written or oral forward-looking statements in our annual report to ADS-holders, in press releases and other written materials and in oral statements made by For officers, directors or employees to third parties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Our future strategy; our future business development, including development and new products and services; our ability to attract and retain users and customers; competition in each And the expected growth of the e-payment market and the number of e-payment users. Further information for these and other All information provided in this press release and in the attachments is as of the date We do not undertake any obligation to update any forward-looking statement. Of the press release, and we undertake no duty to update Such information, except as required under applicable law.
Investor Relations Contact:
MOL Global, Inc.