KMT Global Holdings, Inc. Announces Re-Organization; Acquisitions of Various Proprietary Technologies Interest/Rights and Forming a Strategic Partnership with China MCC20 Group Corp, Ltd. (Fujian Branch), a top 500 Enterprise worldwide

THORNHILL, ON, Dec. 7, 2016 /CNW/ - KMT Global Holdings Inc. (OTC: KMTG) ("KMTG") announces that it will call a general shareholders meeting in the coming month to seek shareholder approval on a re-organization plan and merging of the acquired technologies interest into KMTG.

KMT Global Resources Corp, majority shareholder of KMTG has secured Memorandum of Understandings or opened discussions to acquire several proprietary technologies interest included the followings:

1.

Actinochemistry Ltd; a proprietary Ozone Free UV Photolysis purification technology.



2.

Start Power ON Systems Inc.; proprietary hydrogen fuel cell technology.



3.

www.mgcvip.com; a direct sales platform built on The WeChat network in China.



4.

Lectern Engineering (FE) Ltd., proprietary fire ban technology.



5.

Glotech International Ltd., advanced photoluminescent and anti-counterfeit labeling technology.

 

KMT Global Resources Corp. also secured strategic partnership with one of the top 500 enterprises worldwide, China MCC20 Group Corp, Ltd. (Fujian Branch). The partnership is about commercializing and distribution of our acquired technologies and products in China.

KMT Global Resources Corp. is a private corporation incorporated under the laws of Canada. KMT Global Resources Corp. invests, develops markets and assists emerging technologies in the commercialization process. KMT merging its acquired interest into KMTG will not result in a change of business or significant deviation in the direction of KMTG's operations. It is management's expectation that KMT Global Resources Corp's involvement with KMTG will result in significant synergy to the benefit of both KMTG and KMT Global Resources Corp. 

ON BEHALF OF THE BOARD:

"EDWARD CHAN"
EDWARD CHAN,
President and Director
Telephone: (416) 417-4588

SAFE HARBOR STATEMENT

This release includes forward-looking statements, which are based on certain assumptions and reflect management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology; changes in laws and regulations, includes codes and standards, intellectual property rights, and tax matters; the uncertainty of the Internet and e-commerce market; including the travel and research and development of technology moving at a pace not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE KMT Global Holdings Inc.

For further information: Edward Chan, President and Director, Telephone: (416) 417-4588


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890