secwatch.observer — SEC 8-K summary
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Issuer:     Tianci International, Inc. (CIIT)
CIK:        0001557798
Form:       8-K
Filed at:   2021-08-27T23:59:59+00:00
Accession:  0001683168-21-003952
Event type: other_material
Sentiment:  neutral
Materiality: 0.90
Item codes: 2.01, 5.01, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Tianci International change of control: 73.18% stake sold for $525K; entire board/officers replaced
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- Chuah Su Mei sold all 1,793,000 shares (73.18%) to Silver Glory Group Limited for $525,000 cash; closed August 26, 2021.
- All prior directors and officers (Chuah Su Chen, Chuah Su Mei, Jerry Ooi) resigned effective upon closing.
- New CEO/CFO/Secretary/Director Zhigang Pei appointed, plus five new directors: Shufang Gao, David Wei Fang, Jack Fan Liu, Yee Man Yung, Jimmy Weiyu Zhu.
- New officers currently serve without compensation; compensatory arrangements to be determined.
- Silver Glory Group now holds controlling interest and can unilaterally determine board elections.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1557798/000168316821003952/0001683168-21-003952-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1557798/000168316821003952/tianci_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-21-003952

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer