AMASSE CAPITAL (08168) announced that Dragon Star Limited, its wholly-owned subsidiary, jointly holds CRED International Capital Management Co., Ltd. (CRED Capital Management) with CRED Group International Investment Co., Ltd. (CRED Investment). As of the announcement date, CRED Investment holds a 68% stake in CRED Capital Management, while Dragon Star Limited owns the remaining 32%.
Both parties intend to leverage CRED Capital Management to develop financial advisory services, targeting sectors including but not limited to funds and real estate asset projects, particularly in Belt and Road Initiative countries. These services may include: introducing professional teams for projects, providing compliance advisory services, exploring listing opportunities on the Stock Exchange; seeking or establishing private equity funds or special purpose acquisition companies (SPACs) for projects; and facilitating financing, strategic investors, and offshore debt instrument design.
The group primarily engages in institutional financing advisory and investment advisory services in Hong Kong, covering regulated activities under the Securities and Futures Ordinance (Chapter 571 of Hong Kong Law), including Type 1 (dealing in securities), Type 4 (advising on securities), Type 6 (advising on corporate finance), and Type 9 (asset management).
This new initiative presents a strategic opportunity for the group to explore fresh business prospects in institutional financing advisory and asset management services, potentially diversifying revenue streams and generating additional income. Additionally, AMASSE CAPITAL is evaluating opportunities in technology-driven agriculture, which may encompass modern farm operations, related agricultural product production, sales, processing, and e-commerce.
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