KUALA LUMPUR, Malaysia, May 28, 2021 (GLOBE NEWSWIRE) – Toga Limited (OTC: TOGL) wholly-owned subsidiary TOGL Technology Sdn Bhd (TOGL Technology) participated in a virtual MoU signing ceremony with Universiti Tunku Abdul Rahman (UTAR), 100% owned by UTAR Education Foundation, on May 20, 2021. The virtual signing ceremony of the MoU was attended and performed by Mr. Edward Ng Boon Chee, Director of operations of TOGL Technology, Ir. Prof. Dr. Ewe Hong Tat (President of UTAR), in the presence of Ir. Teacher. Dr. Yow Ho Kwang (UTAR Vice President for Internationalization and Academic Development) and Ms. Shaelyn Moo (Secretary to the CEO of TOGL Technology).
The MOU offers both parties the opportunity to initiate joint projects such as research and development (R&D); organize academic programs such as short courses, seminars, discussions, lectures and workshops; and other university-industry collaborative efforts, including collaborative projects, industry advisory initiatives, industry visits, curriculum development, training and consulting. It will also facilitate the industrial placement of UTAR students.
The MOU also includes the facilitation and support of UTAR students to conduct research on Toga Limited’s proprietary technology, Toga Resonance Technology (T-RT), to explore the effects of T-RT on human well-being and document the results in a research report.
“University research provides an important dimension to better understand T-RT and its effects on human well-being. This MoU signifies our continued collaboration with local universities such as UTAR, and our commitment to further improve our proprietary wellness technology to deliver a better user experience and health benefits, ”said Mr. Edward Ng Boon Chee, COO of TOGL Technology Sdn Bhd.
UTAR is a university offering courses in various undergraduate and postgraduate programs, research, consulting, management and leadership training and other related educational services at its campuses in Bandar Sungai Long, Selangor and Kampar, Perak in Malaysia.
Alexander D. Henderson
TOGA LIMITED, 515 S. Flower Street, 18e Floor, Los Angeles, CA 90071
Certain statements in this press release are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. All statements in this press release that are not statements of historical fact (including, but not limited to, statements that Toga Limited or its management (the “Company”) “anticipates”, “plans”, “estimates”, “expects” or “believes”, or the negative of these terms and other similar expressions ) should be considered as forward-looking statements, including, without limitation, statements regarding the direction, prospects, growth, opportunities and long-term strategy of the company. These statements involve certain risks and uncertainties which may cause actual results to differ materially from expectations at the date of this press release. These risks and uncertainties include, but are not limited to, the risks associated with the impact of the COVID-19 pandemic; the company’s ability to execute its long-term strategy; the company’s ability to compete successfully in its highly competitive industry; the company’s ability to manage its growth; the company’s ability to maintain or improve its operating margins; the company’s ability to identify and respond to trends in consumer preferences; product supply disruptions; general economic conditions; changes in accounting standards; and other factors as set out from time to time in documents filed by the Company’s Securities and Exchange Commission, including, without limitation, the company’s annual report on Form 10-K and reports quarterly on form 10-Q. The Company intends to speak about these forward-looking statements only at the time of this press release and does not undertake to update or revise them as more information becomes available. will be available, unless required by law.