Investor Relations - News

Voluntary Liquidation Of Metsing-Fabrico De Componentes De Maquinaria Diesel E Industrial, Lda

The Board of Directors of MTQ Corporation Limited ("MTQ" or the "Company") announces that the liquidation of its subsidiary, Metsing-Fabrico De Componentes De Maquinaria Diesel E Industrial, Lda ("Metsing-Fabrico"), incorporated in Portugal, has been finalised.

The above transaction is not expected to have any material impact on the consolidated net tangible assets per share and earning per share of MTQ for the financial year ending 31 March 2004.