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Wednesday, 02/19/2020 7:10:40 AM

Wednesday, February 19, 2020 7:10:40 AM

Post# of 60707
We see yesterday’s PR as a negotiation move. Negotiations in south east Asia are not like here in NYC, the level of respect is on a different field. Negotiations essentially are this is what we see, this is our offering. In this situation Weylandtech is working with GRAB on Atozgo Jakarta, day to day operations continue if the offer is not to the BOD liking they respectfully decline and continue to execute.

We believe an offer to buy Atozgo Indonesia was made recently and the BOD of Weylandtech made the correct move and declined. The negotiations continue with the press release yesterday, the stakes have been raised dramatically. What we believe was worth 30m is now valued at 300m within the next 10 months as the company stated in the press release.

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