Addentax Group to Acquire 62.18% Stake in Keemo Fashion for $5.5 Million

Reuters02-19 19:16

Addentax Group to Acquire 62.18% Stake in <a href="https://laohu8.com/S/KMFG">Keemo Fashion</a> for $5.5 Million

Addentax Group Corp. entered a stock purchase agreement to acquire 34.2 million shares of Keemo Fashion Group Limited from Guang Wen Global Limited for about $5.5 million, to be paid by transferring a portion of an existing bond held by Addentax. The deal is expected to close by May 1, 2026, and would make Addentax the controlling shareholder with approximately 62.18% of Keemo Fashion’s voting rights on a fully diluted basis.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Addentax Group Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-007405), on February 19, 2026, and is solely responsible for the information contained therein.

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