BYT Holdings Announces Incorporation of BYT Malaysia Sdn Bhd

VANCOUVER, BC, April 28, 2021 /CNW/ - BYT Holdings Ltd. (CSE: BYT) ("BYT" or the "Company") is pleased to announce that BYT Malaysia Sdn Bhd has been incorporated as a wholly owned subsidiary of BYT Singapore Pte. Ltd.

BYT Malaysia Sdn Bhd's operations will comprise of the provision of waste management services with a primary focus on the agriculture industry and financial technology offerings.

About BYT Holdings

BYT's operations are based out of Singapore, with its primary business being to provide one-stop turnkey engineering, procurement, and construction management solutions that range from consultancy and design, to the construction of projects involving high technology production facilities, primarily in Singapore and mainland China. BYT is also developing its waste management services division in Shanghai, China, which focuses on converting waste into organic compost.

ON BEHALF OF BYT HOLDINGS

"Sunny Li"

Sunny Li
Executive Chairman

Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note on Forward-Looking Statements

This news release contains forward-looking statements. Forward-looking statements can be identified by the use of words such as, "expects", "is expected", "anticipates", "intends", "believes", or variations of such words and phrases or state that certain actions, events or results "may" or "will" be taken, occur or be achieved. Forward-looking statements in this press release include those relating to the anticipated composition of operations of BYT Malaysia Sdn Bhd. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management's experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances. Such assumptions include: management's ability to execute its strategy with respect to the new subsidiary.

Actual results, performance or achievement could differ materially from that expressed in, or implied by, any forward-looking statements in this press release, and, accordingly, you should not place undue reliance on any such forward-looking statements and they are not guarantees of future results. Forward-looking statements involve significant risks, uncertainties and other factors that may cause actual future results or anticipated events to differ materially from those expressed or implied in any forward looking statements including (but not limited) to risk factors such as, general economic and market conditions of Malaysia and management's ability to execute its waste management strategy.  

Except as required by law, BYT undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE BYT Holdings Ltd.

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