UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

(AMENDMENT NO. )

   

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

January 12, 2020

Date of Report (Date of earliest event reported)

 

Toga Limited

(Exact name of registrant as specified in its charter)

 

Nevada

 

001-39052

 

98-0568153

(State or other jurisdiction of
incorporation or organization)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

515 S. Flower Street

18th Floor

Los Angeles, CA

 

90071

(Address of principal executive offices)

 

(Zip Code)

 

(949) 333-1603

(Registrant's telephone number)

 

__________________________________________

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act

 

Title of Each Class

 

TradTing Symbol(s)

 

Name of each Exchange on which registered

N/A

 

N/A

 

N/A

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

   

Item 7.01 Regulation FD Disclosure.

 

On January 16, 2020, Toga Limited, a Nevada corporation (the “Company”), issued a press release announcing the unveiling of Yippi X, the newest version of the Company’s Yippi app, at the inaugural ASEAN New Tech Conference. A copy of the press release is provided as Exhibit 99.1 to this Form 8-K.

 

The information disclosed under this Item 7.01, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference in any filing under the Exchange Act, except as expressly set forth by specific reference in such filing.

 

ITEM 9.01 Financial Statements and Exhibits.

 

Exhibits:

99.1

 

Press release issued by Toga Limited on January 16, 2021.

 

 

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SIGNATURES

 

In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

   

 

TOGA LIMITED

 

 

 

 

 

DATED: January 16, 2021

By:

/s/ Alexander D. Henderson

 

 

 

Alexander D. Henderson

 

 

 

Chief Financial Officer

(Principal Financial and Accounting Officer)

 

 

 

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EXHIBIT 99.1

 

Toga Limited Unveils Yippi X, New Mobile Apps and Partnerships at the

Inaugural ASEAN New Tech Conference

 

 

PETALING JAYA, Malaysia, Jan. 16, 2021 (GLOBE NEWSWIRE) – Toga Limited (OTC: TOGL), unveiled “Yippi X,” the new version of its revolutionary flagship app Yippi, on January 5, 2021, at the inaugural ASEAN New Tech Conference (“ANTC”). The ANTC was held online this year and carried the theme “Together We Change the World”.

 

“Yippi X was developed by our team of experts to be the most powerful version of the Yippi app to date. It provides a more comprehensive user experience, as compared to Yippi’s 5th Generation, Yippi 5, released back in July 2019,” said Toga Limited’s Chief Executive Officer and founder, Mr. Michael Toh.

 

“Yippi X is a total upgrade in terms of its technical capabilities and is more refined compared to Yippi 5. What's interesting is that we have redefined Yippi in line with its tagline, ‘Let the World Know You’, focusing on users first, and bringing them closer in the virtual world through its newly enhanced social and messaging features,” said Toh.

 

Toh acknowledges that 2020 has been a challenging year for everyone. However, due to the diligence and perseverance of Toga’s employees and its executives, as well as the continuous support and commitment from its shareholders, Toga managed to weather the storm and emerge stronger than ever in its response to the pandemic crisis.

 

“Toga has helped more than 30,000 content creators in 10 countries across the globe to grow and diversify their income streams. It is good to note that Toga is one of the few technology companies that has achieved rapid growth in business development during these trying times”, said Toh.

 

Other new and updated mobile applications were also unveiled at the ANTC, including:

 

·

TogaGo 2.0, which is focused on becoming a one-stop travel solution. It offers an improved user-friendly design and an expanded range of useful functionalities. One of its key features ‘GO Cash’ allows users to enjoy a host of privileges when they purchase products and services on the platform. Users can redeem GO Cash points against future purchases and get discounts and exclusive deals.

 

 

·

E.Booster 2.0, which is aimed at creating a healthier lifestyle for its users. E-Booster 2.0 uses the unique energy resonance technology called ‘Toga Resonance Technology (T-RT)’, to maintain good health and a positive attitude towards life. It has more than 40 products which can be found under five basic categories of use, namely for Focus, Stress Relief, Protection, Meditation and Energize, covering the most comprehensive health care.

 

 

·

Red Box Karaoke’s Booking and Social Singing apps, which was developed through a partnership between Red Box and Toga. Red Box was looking into digitalization innovations to attain its vision of becoming South East Asia’s leader in the karaoke industry, and Toga came forward to provide them with IT infrastructure solutions, ranging from research and development to technology selection.

 

 

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Article published: https://www.theedgemarkets.com/content/advertise/toga-looks-towards-the-future-with-new-apps-and-partnerships

   

Contact:

 

Alexander D. Henderson

TOGA LIMITED, 515 S. Flower Street, 18th Floor, Los Angeles, CA 90071

(949) 333-1603

info@togalimited.com

 

Certain statements in this press release are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Any statements contained herein that are not statements of historical fact (including, but not limited to, statements to the effect that Toga Limited or its management (the “Company”) "anticipates," "plans," "estimates," "expects," or "believes," or the negative of these terms and other similar expressions) should be considered forward-looking statements, including, without limitation, statements regarding the Company's guidance, outlook, growth, opportunities and long-term strategy. These statements involve certain risks and uncertainties that may cause actual results to differ materially from expectations as of the date of this release. These risks and uncertainties include, without limitation, risks associated with the impact of the COVID-19 pandemic; the Company's ability to execute on its long-term strategy; the Company's ability to successfully compete in its intensely competitive industry; the Company's ability to manage its growth; the Company's ability to maintain or improve its operating margins; the Company's ability to identify and react to trends in consumer preferences; product supply disruptions; general economic conditions; accounting standard changes; and other factors as set forth from time to time in the Company's Securities and Exchange Commission filings, including, without limitation, the Company's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. The Company intends these forward-looking statements to speak only as of the time of this Press Release and does not undertake to update or revise them as more information becomes available, except as required by law.

 

 

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