{"schema_version":"secwatch.filing_event.v1","accession":"0001640334-23-000700","form_type":"8-K","ticker":"VRDR","cik":"0001506929","company_name":"VERDE RESOURCES, INC.","filed_at":"2023-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.148714+00:00","generated_at":"2026-06-16T18:49:40.649992+00:00","sec_items":["2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Verde Resources sells mining subsidiary Champmark Sdn Bhd for MYR 500,000","bullets":["Completed sale of entire issued capital of Champmark Sdn Bhd (CSB) to Jusra Mining Merapoh Sdn Bhd on April 20, 2023.","Consideration of MYR 500,000 (approx. $109k USD) satisfied in full.","CSB was an indirect wholly-owned subsidiary of Verde Resources engaged in the mining business.","Transaction executed via Verde Resources Asia Pacific Limited (VRAP), a BVI subsidiary.","No material financial impact or gain/loss disclosed in the filing."],"urls":{"canonical":"https://secwatch.observer/filing/0001640334-23-000700","json":"https://secwatch.observer/filing/0001640334-23-000700.json","markdown":"https://secwatch.observer/filing/0001640334-23-000700.md","text":"https://secwatch.observer/filing/0001640334-23-000700.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1506929/000164033423000700/0001640334-23-000700-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1506929/000164033423000700/vrdr_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T18:49:40.649992+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":"e7c62f1e35126a62e26b4a45a0a761e75c18c0b5","claim":"VERDE RESOURCES, INC. completed a disposition involving Jusra Mining Merapoh Sdn Bhd for Malaysia Ringgit MYR 500,000 (closed 2023-04-20).","evidence_excerpt":"Under the terms of the SSA Agreement, the consideration for the sale of the entire issued and paid-up share capital of CSB shall be satisfied in full by the payment of Malaysia Ringgit MYR 500,000. The disposition of CSB was completed on April 20, 2023.","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1506929/000164033423000700/0001640334-23-000700-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Jusra Mining Merapoh Sdn Bhd"},{"label":"Consideration","value":"Malaysia Ringgit MYR 500,000"},{"label":"Closing","value":"2023-04-20"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}