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Re: Penny chatter post# 613

Friday, 05/07/2021 9:04:40 AM

Friday, May 07, 2021 9:04:40 AM

Post# of 1143
Did you actually read the filings? SCGI sold preferred stock to Hon.

Share purchase agreement between Mr. Liew Mun Hon (the buyer) and Mr. DS Chang on behalf of SGCI Corporate(Malaysia)Ltd(the seller) on November 30, 2019 for the sale of share of preferred stock in exchange for cash.



https://backend.otcmarkets.com/otcapi/company/financial-report/280513/content

And the business had nothing to do with SCGI. They are changing direction.

The Company was an Internet service provider, providing dial-up Internet access, web hosting services and web development services back in 2002.

Moving forward, the board of director plans to continue providing aforementioned services as well as venture into hospitality operation and management industry in near future through merger and acquisition, as the industry was severely and adversely impact due to the outbreak of COVID-19 worldwide which poses opportunity to the Company with profitable assets at attractive price.




https://backend.otcmarkets.com/otcapi/company/financial-report/281753/content