Company News
Holistic Asset Finance Group Co., Ltd. announces completion of acquisition of 75 percent ownership stake in Plural Capital Company Limited
As consideration for the acquisition, HAFG issued 10,000,000 shares of its common stock to the majority shareholder of Plural Capital, representing approximately 29.7 percent of the total issued and outstanding stock of HAFG. The acquisition was effected by means of a Share Exchange Agreement signed by the parties on June 1, 2020.
The acquisition of Plural Capital represents the first investment made by HAFG under its new management group. The management of HAFG plans to continue to look for additional investments that add value to its operations.
Description of Plural Capital Company Limited
Plural Capital is a financial services firm based in Hong Kong which specializes in providing a complete range of financial advisory services on matters ranging from financial investment to mergers and acquisitions.
Plural Capital is comprised of a team of highly skilled individuals who adopt a professional practice approach to all aspects of the business to maintain the high standards of service offered to clients. The team has experience in mergers and acquisitions, capital markets, funds management and investment banking.
By supporting clients with a highly professional, efficient, and international-minded elite team, and a powerful network of partnerships, Plural Capital is able to provide a full range of financial consulting services in a professional way.
FORWARD LOOKING STATEMENTS
This news release contains statements that involve expectations, plans or intentions (such as those relating to plans by HAFG to search for new and value-creating investments) and other factors discussed from time to time in the Company's filings with the OTC Markets Group. These statements are forward-looking and are subject to risks and uncertainties, and actual results may vary materially. You can identify these forward-looking statements by words such as “may,” “should,” “expect,” “anticipate,” “believe,” “estimate,” “intend,” “plan” and other similar expressions. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of certain factors not within the control of the company. The company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.