---
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"
generated_at: "2026-06-16T18:49:40.649992+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Verde Resources sells mining subsidiary Champmark Sdn Bhd for MYR 500,000

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001640334-23-000700
- JSON: https://secwatch.observer/filing/0001640334-23-000700.json
- Plain text: https://secwatch.observer/filing/0001640334-23-000700.txt

## Key facts
- M&A Transactions
  VERDE RESOURCES, INC. completed a disposition involving Jusra Mining Merapoh Sdn Bhd for Malaysia Ringgit MYR 500,000 (closed 2023-04-20).
  - Action: disposition
  - Counterparty: Jusra Mining Merapoh Sdn Bhd
  - Consideration: Malaysia Ringgit MYR 500,000
  - Closing: 2023-04-20
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1506929/000164033423000700/0001640334-23-000700-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.