The master services agreement has been entered into with a significant multinational enterprise as an overarching agreement which has potential to expand across multiple projects throughout the Asia. The initial agreed project involves revenue pursuant to Yojee’s SaaS Pricing Model including the setup, subscription, professional service, and transaction fees applicable. Refer to ASX release lodged on 17 October 2018, “YOJ – Investor Presentation October 2018” which stipulates the Yojee pricing model. In Yojee’s view, the impact of the master services agreement is not financially material due to the variability and difficulty in estimating transaction volumes and project scopes. At this stage there is one project commencing with further potential projects to follow. The Company will provide market updates on projects as applicable
YOJ Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held
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