Integrated Media Technology Ltd's Comment on Sales, Marketing and Customers
In 2023, the Company served customers and markets in China and Malaysia, subsequently scaling down its Malaysian operations and relocating back to Australia in 2024. It plans to collaborate with manufacturers and producers in Asia to develop Halal product offerings for markets in Europe, the UK, Asia, and the Middle East, utilizing agents, distributors, and consultants in partnership with local entities. The Company acquired Teko Energy Pty Ltd, renamed Itana Energy Pty Ltd, and its subsidiary Admiral Energy Corporation Pty Ltd, which markets new energy products under the brand Admiral Energy across Australia, New Zealand, China (including Hong Kong, Taiwan, and Macau), South Korea, Japan, Vietnam, Cambodia, Thailand, Malaysia, Indonesia, Singapore, Laos, Myanmar, and the Philippines. Although the Company intended to commence sales of new energy products in 2024, it decided to divest from this business unit by the end of 2024. The Group's focus includes switchable glass, nano-coated plate filters, and Halal certification and sales, targeting markets in Asia, the Middle East, the USA, and Europe. The Halal products market is expanding in Asia and Europe, driven by demand for food prepared according to Halal methods and increased immigration from the Middle East to Europe. Entities referenced include Admiral Energy Corporation Pty Ltd, Admiral Global DMCC, Itana Energy Pty Ltd, and Teko Energy Pty Ltd.
Integrated Media Technology Ltd’s Comment on Sales, Marketing and Customers
In 2023, the Company served customers and markets in China and Malaysia, subsequently scaling down its Malaysian operations and relocating back to Australia in 2024. It plans to collaborate with manufacturers and producers in Asia to develop Halal product offerings for markets in Europe, the UK, Asia, and the Middle East, utilizing agents, distributors, and consultants in partnership with local entities. The Company acquired Teko Energy Pty Ltd, renamed Itana Energy Pty Ltd, and its subsidiary Admiral Energy Corporation Pty Ltd, which markets new energy products under the brand Admiral Energy across Australia, New Zealand, China (including Hong Kong, Taiwan, and Macau), South Korea, Japan, Vietnam, Cambodia, Thailand, Malaysia, Indonesia, Singapore, Laos, Myanmar, and the Philippines. Although the Company intended to commence sales of new energy products in 2024, it decided to divest from this business unit by the end of 2024. The Group's focus includes switchable glass, nano-coated plate filters, and Halal certification and sales, targeting markets in Asia, the Middle East, the USA, and Europe. The Halal products market is expanding in Asia and Europe, driven by demand for food prepared according to Halal methods and increased immigration from the Middle East to Europe. Entities referenced include Admiral Energy Corporation Pty Ltd, Admiral Global DMCC, Itana Energy Pty Ltd, and Teko Energy Pty Ltd.
Sources:
Integrated Media Technology Ltd’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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