SAIS Limited Announces Approval From OSC to Cease to Be a Reporting Issuer Application

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

TORONTO, May 4, 2020 /CNW/ -- SAIS Limited (the "Company") announces that it has received approval, from the Ontario Securities Commission (the "OSC"), the Company's principal regulator, to cease to be a reporting issuer in each of the jurisdictions in Canada. As a result, the Company will no longer be required to file financial statements and other continuous disclosure documents with the Canadian securities regulatory authorities. The Company's shareholders will continue to receive copies disclosure documents and annual general meeting documents that are required to be delivered to shareholders by applicable securities laws and Companies Act of Singapore.

About SAIS Limited

Singapore-based SAIS Limited is a provider of advanced technology solutions, business intelligence and supporting services. Its operating technology platform Kaddra is available for businesses in the form of a white-label SaaS (Software as a Service) solution, allowing them to offer products and services directly to consumers on mobile phones with faster integration, ease of use and lower costs to provide an optimal customer experience. The platform boasts highly secure transaction capabilities with high-volume availability and big-data gathering on a permission-marketing basis, fully supporting the delivery of tiered customer service.

For further information contact:
Catherine Human
SAIS Corporate Office
[email protected]
([phone]

SOURCE SAIS Limited