IPE Universal Inc. (IPEU)

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Keynes Technology Group, Inc. (KYNS) Enters Into a Material Definitive Agreement With Both Pandaland Holdings, Ltd. And KidsDNA, Inc.

LOS ANGELES, Dec. 22, 2020 (GLOBE NEWSWIRE) -- Keynes Technology Co. Ltd (OTC:KYNS), a Nevada Corporation (the “Company”) which trades on the OTC Markets under the symbol “KYNS”, entered into a “Stock Exchange Agreement” to acquire 95.33% of Pandaland Holding (HK) Ltd., a corporation organized under the laws of Hong Kong.

In consideration for the purchase, Keynes Technology Co. LTD will issue to Pandaland Holdings, Ltd. 150,000,000 shares of common stock and 35,000,000 shares of preferred stock of KYNS. Upon completion of the acquisition, Pandaland Holdings, ltd. will be a majority owned subsidiary of the Company.

Additionally, on December 18, 2020, the Company entered into a “Stock Exchange Agreement” to acquire all the outstanding common stock of KidsDNA, Inc., a corporation organized under the Laws of Taiwan.

In consideration for the purchase, Keynes Technology Co. LTD will issue to KidsDNA, Inc. 100,000,000 shares of the common stock and 25,000,000 shares of preferred stock of KYNS. Upon completion of the acquisition, KidsDNA, Inc. will be a wholly-owned subsidiary of the Company.

https://www.otcmarkets.com/stock/KYNS/news/story?e&id=1772626