M&A
confidence high
sentiment neutral
materiality 0.80
KEEMO Fashion Group Ltd (KMFG): M&A transaction — Addentax Group acquires 62.18% control of Keemo Fashion for $5.5M via bond transfer
KEEMO Fashion Group Ltd
- Change in control effective March 30, 2026 under Stock Purchase Agreement dated Feb 17, 2026.
- Seller Guang Wen Global Group transferred 34,200,000 shares to Buyer Addentax Group Corp.
- Purchase price of approx $5.5 million satisfied by transferring a portion of an existing bond.
- Post-transaction, Addentax holds 62.18% of voting power on a fully diluted basis.