AsiaFIN enters JV to distribute RPA solution in Thailand and Laos

ASIAFIN HOLDINGS CORP.

Acquired 49% equity stake in KSP AsiaFIN Co., Ltd for THB 2,450,000 (~$70,000).
JV will exclusively distribute OrangeWorkforce Robotic Process Automation solution in Thailand and Laos.
Partner is Greenpro KSP Holdings Group; JV incorporated in Thailand under Thai Limited Company Law.
Board: GPKSP designates 3 directors, AsiaFIN designates 2; initial directors named.
Company's authorized capital is THB 5,000,000 (50,000 ordinary shares of THB 100 each).

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ASIAFIN HOLDINGS CORP. entered into Joint Venture Agreement with Greenpro KSP Holdings Group Co., Ltd. valued at THB2,450,000 (approximately $70,000) (effective 2024-01-03).

Action: entry
Agreement: collaboration
Counterparty: Greenpro KSP Holdings Group Co., Ltd.
Value: THB2,450,000 (approximately $70,000)
Effective: 2024-01-03

Exact text from the filing

On January 3, 2024 AsiaFIN Holdings Corp. (the “Company”), a wholly owned subsidiary of AsiaFIN Holdings Corp. (“ASFH”) entered into a joint venture agreement (the “Agreement”) with Greenpro KSP Holdings Group Co., Ltd. (“GPKSP”).

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ASIAFIN HOLDINGS CORP. filing history →

Source: SEC EDGAR

accession 0001493152-24-001683

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