Intelligent Communication Enterprise Corp. Agrees to Acquire I-AMTVIntelligent Communication Enterprise Corp • July 5th, 2011 • Telephone & telegraph apparatus
SINGAPORE -- (MARKET WIRE) -- 06/23/11 -- Intelligent Communication Enterprise Corporation (ICE) (OTCBB: ICMC), the owner and operator of Modizo.com, has entered into an agreement to acquire a 40% stake in i-amtv (Independent Asian Music Television, www.i-amtv.com). The agreement also provides ICE an option to buy the remaining 60% within the next two years.
SALE AND PURCHASE AGREEMENTSale and Purchase Agreement • July 5th, 2011 • Intelligent Communication Enterprise Corp • Telephone & telegraph apparatus • New York
This Agreement for sale and purchase together with the Exhibits A to E attached hereto, hereinafter referred to as "Contract" or "Agreement", is executed this 17th day of June, 2011, by and between, A. Sudhish M. P. Anandan of 18, SSS1/43, Kampung Tunku, 47300 Petaling Jaya, Selangor D.E, Malaysia, Kam Chong Heng of 18, SSS1/39, Kampung Tunku, 47300 Petaling Jaya, Selangor D.E, Malaysia and Thanabalasingam S. Manickam of No 21, Jalan U6/2B, Desa Subang Permai, 40150 Shah Alam, Selangor D.E, Malaysia, hereinafter collectively referred to as "Seller", and Intelligent Communication Enterprise Corporation Inc., a company incorporated in Pennsylvania, USA, Corporation, and whose registered office is 1515 Market Street, Suite 1210, Philadelphia, PA 19102, United States of America, hereinafter referred to as "Buyer"
