Addentax Group acquires 62.18% controlling stake in Keemo Fashion for $5.5M via bond transfer

KEEMO Fashion Group Ltd

Seller Guang Wen Global sells 34,200,000 shares of Keemo Fashion to Addentax Group Corp. for $5.5 million.
Closing scheduled by May 1, 2026; purchase price satisfied by transferring portion of an existing bond.
After closing, Addentax holds approximately 62.18% of voting rights, becoming controlling shareholder.
Bond originated Aug 24, 2023: $17.5M principal, 2.5% interest, one-year renewable term, governed by NY law.

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