Addentax completes $5.5 million Keemo Fashion stake buy, gains control

Reuters03-30

Addentax completes $5.5 million <a href="https://laohu8.com/S/KMFG">Keemo Fashion</a> stake buy, gains control

Completed acquisition on March 30, 2026 of 34.2 million Keemo Fashion shares from Guang Wen Global Group.
Purchase price totaled about $5.5 million, paid by transferring a portion of an existing bond.
Resulting stake gives Addentax about 62.18% of Keemo Fashion voting rights on a fully diluted basis.
Keemo Fashion became a controlled subsidiary following closing.

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: 0001493152-26-013433), on March 30, 2026, and is solely responsible for the information contained therein.

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