{"schema_version":"secwatch.filing_event.v1","accession":"0001640334-23-000340","form_type":"8-K","ticker":"VRDR","cik":"0001506929","company_name":"VERDE RESOURCES, INC.","filed_at":"2023-03-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.312571+00:00","generated_at":"2026-06-18T04:22:57.349170+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Verde Resources sells mining subsidiary Champmark Sdn Bhd for MYR 500,000","bullets":["Entire share capital of CSB sold to Jusra Mining Merapoh Sdn Bhd for MYR 500,000.","Sale in line with restructuring to shift focus to renewable energy and sustainability.","Transaction date: March 13, 2023; Seller is Verde Resources Asia Pacific Ltd (VRAP)."],"urls":{"canonical":"https://secwatch.observer/filing/0001640334-23-000340","json":"https://secwatch.observer/filing/0001640334-23-000340.json","markdown":"https://secwatch.observer/filing/0001640334-23-000340.md","text":"https://secwatch.observer/filing/0001640334-23-000340.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1506929/000164033423000340/0001640334-23-000340-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1506929/000164033423000340/vrdr_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T04:22:57.349170+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"35a2f5410eb422949324dc3d4e2726867cf0e0eb","claim":"VERDE RESOURCES, INC. entered into Share Sale Agreement with Jusra Mining Merapoh Sdn Bhd valued at Malaysia Ringgit MYR 500,000 (effective 2023-03-13).","evidence_excerpt":"entered into a Share Sale Agreement (the “SSA Agreement”) with Jusra Mining Merapoh Sdn Bhd (“JMM”), a company incorporated under the laws of Malaysia, to sell the entire issued and paid-up share capital of Champmark Sdn Bhd","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1506929/000164033423000340/0001640334-23-000340-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Jusra Mining Merapoh Sdn Bhd"},{"label":"Value","value":"Malaysia Ringgit MYR 500,000"},{"label":"Effective","value":"2023-03-13"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}