Executive leadership at ADDENTAX GROUP.
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Recent press releases and 8-K filings for ATXG.
Addentax Group Corp. Announces Proposed Acquisition of Riches Group
ATXG
M&A
New Projects/Investments
- Addentax Group Corp. (ATXG) announced a proposed strategic acquisition of the offshore wealth management and integrated cross-border service business of Hong Kong-based Riches Group.
- The Company anticipates that the proposed acquisition could contribute approximately HKD 300 million in annualized revenue.
- This acquisition is expected to support ATXG's global expansion strategy by integrating Riches Group's ecosystem, AI-enabled financial solutions, and digital currency/crypto service offerings.
- The proposed acquisition would provide ATXG access to Riches Group's established network, high-net-worth client base, and a professional team of over 4,000 advisors, enhancing its presence in high-growth markets such as Southeast Asia, Europe, and North America.
13 hours ago
Addentax Group Corp. Announces Proposed Acquisition of Riches Group
ATXG
M&A
New Projects/Investments
- Addentax Group Corp. (ATXG) announced a proposed strategic acquisition of the offshore wealth management and integrated cross-border service business of Hong Kong-based Riches Group on February 6, 2026.
- This acquisition is expected to support ATXG's global expansion strategy by integrating Riches Group's offshore business ecosystem, AI-enabled financial solutions, and digital currency/crypto service offerings.
- If completed, the proposed acquisition is estimated to contribute approximately HKD 300 million in annualized revenue.
- Riches Group's services include global wealth management, international education, immigration consulting, cross-border healthcare, AI-enabled wealth advisory, and regulated digital asset services, supported by a team of over 4,000 advisors.
13 hours ago
Addentax Group Corp. Discusses Strategic Web3.0 and RWA Cooperation with KINGS UNITED
ATXG
New Projects/Investments
- Addentax Group Corp. (ATXG) is in discussions with KINGS UNITED HOLDING LIMITED (KINGS) for a potential strategic cooperation to integrate Web3.0 payment infrastructure and Real-World Asset (RWA) enablement within ATXG’s supply-chain and settlement ecosystem.
- The proposed structure involves evaluating a Hong Kong-licensed trust vehicle and the potential transfer of up to 100,000,000 KINGS native tokens, representing an indicative 1% allocation at a notional valuation of approximately USD 10 million.
- Potential consideration for this transfer includes the issuance of common shares to the trust entity.
- KINGS UNITED HOLDING LIMITED, a BVI-incorporated group, wholly owns ALL IN Fintech Limited, a New York-registered entity holding FinCEN MSB Registration No. 31000289207014.
Oct 14, 2025, 1:25 PM
Addentax Group Corp. Discusses Strategic Cooperation with KINGS UNITED
ATXG
New Projects/Investments
M&A
- Addentax Group Corp. (ATXG) is in discussions with KINGS UNITED HOLDING LIMITED ("KINGS") regarding a potential strategic cooperation to integrate Web3.0 payment infrastructure and Real-World Asset (RWA) enablement within ATXG's supply-chain and settlement ecosystem.
- The collaboration aims to assess how blockchain-native payment systems and tokenized settlement technologies can complement ATXG's digital transformation and operational scalability objectives.
- A structured proposal is being evaluated, which could involve establishing a Hong Kong-licensed trust vehicle and the potential transfer of up to 100,000,000 KINGS native tokens, representing an indicative 1% allocation at a notional valuation of approximately USD 10 million.
- Potential consideration for this transfer includes the issuance of ATXG common shares to the trust entity.
Oct 14, 2025, 1:25 PM
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