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Thursday, September 08, 2022 9:10:58 AM
n December 2021, the major shareholder Mr. Seng Yeap Kok and ZhongMin Mei-Hao Co. Ltd
entered into a security purchase agreement (SPA) in which Mr. Seng Yeap Kok (the “Seller”) will sell
three hundred and ninety million (390,000,000) shares of common stock of the Company to ZhongMin
Mei-Hao Co. Ltd (the “Buyer”). The 390,000,000 shares represent 85.1% ownership of the Company.
The SPA was closed and the ownership changed in August 2022. According to the SPA, the Buyer
will appoint its representative Mr. Guo Dalin Director of the Board effective September 1, 2022.
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