---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-036222"
form_type: "8-K"
ticker: "ASFH"
cik: "0001828748"
company_name: "ASIAFIN HOLDINGS CORP."
filed_at: "2022-12-22T23:59:59+00:00"
generated_at: "2026-06-21T00:12:32.023274+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# AsiaFIN Holdings to acquire StarFIN Holdings for $9.1M in restricted stock

## Summary
- Acquires 100% of StarFIN Holdings, an investment holding firm with payment processing, RPA, and regtech services.
- Purchase price of $9,055,242 paid via issuance of 8,232,038 restricted common shares at $1.10 per share.
- Shares are restricted under Rule 144; closing expected on or before December 31, 2022.
- StarFIN holds full equity in five subsidiaries: StarFIN Asia, OrangeFIN Asia, OrangeFIN Academy, Insite MY Innovations, Insite MY Systems.
- Financial statements of StarFIN to be filed via amendment within 71 days.

## SEC filing metadata
- accession: 0001493152-22-036222
- form_type: 8-K
- ticker: ASFH
- cik: 0001828748
- company_name: ASIAFIN HOLDINGS CORP.
- filed_at: 2022-12-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828748/000149315222036222/0001493152-22-036222-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828748/000149315222036222/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-036222
- JSON: https://secwatch.observer/filing/0001493152-22-036222.json
- Plain text: https://secwatch.observer/filing/0001493152-22-036222.txt

## Key facts
- Material Agreements
  ASIAFIN HOLDINGS CORP. entered into Agreement with Wong Kai Cheong, Hoo Swee Ping, Ang Teck Kong, Ng Kai Thim, and Cham Hui Yin valued at $9,055,242 (effective 2022-12-22).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Wong Kai Cheong, Hoo Swee Ping, Ang Teck Kong, Ng Kai Thim, and Cham Hui Yin
  - Value: $9,055,242
  - Effective: 2022-12-22
  source text: On December 22, 2022 AsiaFIN Holdings Corp. (the “Company”) entered into an acquisition agreement (the “Agreement”) with Wong Kai Cheong, Hoo Swee Ping, Ang Teck Kong, Ng Kai Thim, and Cham Hui Yin (the “ Vendors ”) , shareholders of StarFIN Holdings Limited. (“ SFHL ”) .
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828748/000149315222036222/0001493152-22-036222-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.