On March 30, 2026, Addentax Group Corp. acquired 62.18% of Keemo Fashion Group Limited for approximately $5.5 million paid via transfer of an existing bond.
Key takeaways
Addentax Group Corp. acquired 34,200,000 shares of Keemo Fashion Group Limited on March 30, 2026.
The aggregate purchase price was approximately $5.5 million.
Consideration was satisfied through the transfer of a portion of an existing bond held by the Company.
The Company holds approximately 62.18% of the voting rights of Keemo Fashion on a fully diluted basis.
Keemo Fashion has become a controlled subsidiary of Addentax Group Corp.