(08.01.2018)

MySQUAR Limited ('MySQUAR' or the 'Company')

Response to recent market commentary

Further to recent press speculation relating to Tencent Holdings Limited and other regional internet focused businesses, MySQUAR, the Myanmar-language social media, entertainment and payments platform whose principal activity is to design, develop and commercialise Myanmar-focused internet-based mobile applications, notes that it has held discussions in relation to commercial and investment opportunities with various regional participants in its area of business as would be expected.

As noted in the Company's announcement of 3 January 2018, MYSQ confirms that while it has received an approach from another organisation which may or may not lead to a takeover offer, there can be no certainty that an offer will be made for the Company or as to the terms on which any offer might be made.

The Company does not intend to make further comment in respect of press speculation in relation to these matters however further announcements will be made in due course as appropriate and in accordance with the Company's regulatory responsibilities.

For further information:

MySQUAR Limited Contact

Eric Schaer (Chief Executive)

Tel: +65 6725 6388

Pham Dang Hung (CFO)

SP Angel Corporate Finance LLP Contact

Nominated Adviser
Stuart Gledhill / Laura Harrison

Tel: +44 (0) 20 3470 0470

Beaufort Securities Limited Contact

Broker
Jon Belliss / Elliot Hance

Tel: +44 (0) 207 382 8300

Public Relations Contact

Damien McCrystal

Tel: +44 (0) 7816 770 758
damien@mccrystal.info

-Ends-

MySQAR Ltd. published this content on 08 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 08 January 2018 14:04:04 UTC.

Original documenthttp://investors.mysquar.com/response-to-recent-market-commentary-2/

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