---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-039061"
form_type: "8-K"
ticker: "SEAV"
cik: "0001763660"
company_name: "SEATech Ventures Corp."
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T00:43:15.142334+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SEATech acquires 100% of Just Supply Chain for ~$16.5M in stock

## Summary
- Acquisition of Just Supply Chain Limited (JustLorry) completed on October 13, 2023.
- Total consideration MYR78 million (~US$16.5 million) paid in 21,831,660 shares at $0.80 each.
- Press release titled 'SEATech Ventures Completes 100% Acquisition of JustLorry' issued October 30, 2023.

## SEC filing metadata
- accession: 0001493152-23-039061
- form_type: 8-K
- ticker: SEAV
- cik: 0001763660
- company_name: SEATech Ventures Corp.
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1763660/000149315223039061/0001493152-23-039061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1763660/000149315223039061/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-039061
- JSON: https://secwatch.observer/filing/0001493152-23-039061.json
- Plain text: https://secwatch.observer/filing/0001493152-23-039061.txt

## Key facts
- M&A Transactions
  SEATech Ventures Corp. completed an acquisition involving Just Supply Chain Limited (JSCL) for MYR78 million, equivalent to approximately US$ 16.5 million (closed 2023-10-13).
  - Action: acquisition
  - Counterparty: Just Supply Chain Limited (JSCL)
  - Consideration: MYR78 million, equivalent to approximately US$ 16.5 million
  - Closing: 2023-10-13
  source text: acquisition of one hundred percent (100%) of the equity of Just Supply Chain Limited (“ JSCL ”) . The purchase of 100% of the shares in JSCL was agreed at a consideration of MYR78 million, equivalent to approximately US$ 16.5 million (“ Consideration ”), consisting of 21,831,660 units in stock, based on an issuance price of $0.80 per share. A copy of the Press
  evidence_url: https://www.sec.gov/Archives/edgar/data/1763660/000149315223039061/0001493152-23-039061-index.htm

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