Island Information & Technology Inc Signed MoA With Y-I Corporation

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Island Information & Technology Inc PSE:IS:SIGNED MOA WITH Y-I CORPORATION TO ESTABLISH LEGALLY INCORPORATED PROPERTY COPROPERTY CO TO RECEIVE PROPERTY RIGHTS, TO DEVELOP, MARKET AND MANAGE SITE FOR DATA CENTER FACILITIESUNIT RECEIVED TENTATIVE INTEREST TO INVEST OVER 1 BILLION PESOS SUBJECT TO CONTRACT FROM VARIOUS INVESTORS, OTHERS

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