Addentax Group to acquire 62.18% stake in Keemo Fashion for $5.5M via bond transfer

ADDENTAX GROUP CORP.

Purchase price $5.5M; consideration is a portion of an existing bond ($17.5M principal, 2.5% interest, 1-year renewable).
Closing expected by May 1, 2026; Addentax will hold ~62.18% voting rights and become controlling shareholder.
Keemo Fashion operates apparel trading in China and digital publishing via Malaysia-based mobile fiction platform.
Bond was originally from a note subscription arrangement dated August 24, 2023.

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

ADDENTAX GROUP CORP. entered into Agreement with Guang Wen Global Limited valued at approximately $5.5 million (effective 2026-02-17).

Action: entry
Agreement: asset purchase
Counterparty: Guang Wen Global Limited
Value: approximately $5.5 million
Effective: 2026-02-17

Exact text from the filing

On February 17, 2026, Addentax Group Corp. (the “Company”), through itself or its designated entity (the “Buyer”), entered into a stock purchase agreement (the “Agreement”) to acquire 34,200,000 shares of Common Shares, par value $0.001 per share (the “Shares”), in Keemo Fashion Group Limited’s (“Keemo Fashion”), a Nevada corporation, with the Guang Wen Global Limited (the “Seller”).

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317 material agreements filed in the last 30 days. Browse all material agreements →

ADDENTAX GROUP CORP. filing history →

Source: SEC EDGAR

accession 0001493152-26-007405

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