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MULTIMEDIA LTD. is a limited company incorporated under the Company's
Act 1956 on 1st JULY 1996 as a Private Limited Company and later on
converted into Public Limited Company on 23rd February 2000.
The
main objective of incorporating the company was for the business
in Information Technology in a corporate form of business organization.
Earlier, the business was carried out under the following firms;
namely ACES TECHNOLOGIES and ACES CONSULTANTS registered under the
Partnership Act on 1st August 1989 and 1st April 1991 respectively.
The
above companies in order to synergise the efforts and for consolidation
of nationwide activities have decided to convert into a limited
company for the corporate governance, the absolute transparency
of financial status, accounts etc. which is required when dealing
globally. The company has plans to enhance its activities by opening
offices in Singapore and USA to cater to the far east and western
markets.
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