The Compa y co fi med it has al eady expa ded ope atio s i to I do esia a d i te ds to co ti ue i vesti g i the egio to captu e g owi g dema d fo its solutio s. Buildi g o this mome tum, Black Tita also pla s to expa d its Si gapo e ope atio s th ough additio al hi i g to st e gthe its egio al sales a d ma keti g o ga izatio .
I additio to geog aphic expa sio , the Compa y outli ed pla s to:
B oade its p oduct po tfolio with ew offe i gs to bette se ve existi g a d p ospective clie ts;
I vest i staff t ai i g a d developme t p og ams to suppo t se vice quality a d ope atio al scale; a d
Mai tai sufficie t wo ki g capital to fu d these i itiatives while p ese vi g bala ce sheet flexibility.
“We a e deployi g ou cash ese ves with discipli e a d pu pose, di ecti g capital towa d the ma kets a d capabilities that will d ive ou ext phase of g owth,” said B y e Chiam, I te im Co-CEO of Black Tita Co po atio . “I do esia has al eady demo st ated the dema d fo ou solutio s i the egio , a d establishi g a st o ge comme cial p ese ce i Si gapo e, alo gside co ti ued i vestme t i ou people a d p oduct suite, positio s us to se ve ou clie ts mo e effectively while buildi g lo g-te m value fo ou sha eholde s. We emai committed to ma agi g ou wo ki g capital p ude tly as we execute o this st ategy.”
Black Tita Co po atio (NASDAQ:BTTC), th ough its subsidia y Tale Tec Sd Bhd, is a p ovide of huma capital ma ageme t (“HCM”) a d e te p ise esou ce pla i g (“ËRP”) solutio s ac oss Southeast Asia, dist ibuti g a d suppo ti g e te p ise HCM a d ERP a d fi a cial softwa e platfo ms alo gside elated co sulti g, impleme tatio , t ai i g, a d co ti ui g suppo t se vices. The Compa y se ves clie ts ac oss fi a cial i stitutio s, ma ufactu i g, utilities, highe educatio , a d othe secto s, a d is expa di g its egio al p ese ce to suppo t g owi g dema d fo HCM a d ERP solutio s.
Fo wa d-Looki g Stateme ts
This p ess elease co tai s “fo wa d-looki g stateme ts” withi the mea i g of the safe ha bo p ovisio s of the P ivate Secu ities Litigatio Refo m Act of 1995. These stateme ts i clude, but a e ot limited to, stateme ts ega di g the Compa y’s pla s to expa d i to I do esia, hi e i Si gapo e, st e gthe its sales a d ma keti g team, i t oduce ew p oducts, i vest i staff t ai i g, a d mai tai wo ki g capital. Fo wa d-looki g stateme ts a e based o cu e t expectatio s a d assumptio s a d a e subject to isks a d u ce tai ties that could cause actual esults to diffe mate ially, i cludi g but ot limited to ma ket co ditio s, executio isk, capital allocatio decisio s, a d othe facto s desc ibed i the Compa y’s fili gs with the U.S. Secu ities a d Excha ge Commissio . The Compa y u de takes o obligatio to update these stateme ts except as equi ed by law.
I vesto & Media Co tact
