leadership
confidence high
sentiment neutral
materiality 0.85
Wang Gang acquires 79.65% control of Mag Magna Corp.; appointed CEO and sole director
Mag Magna Corp
- Wang Gang bought 4,500,000 shares (77.20%) from Oleg Bilinski for $564,380.50 cash.
- Additional 142,372 shares bought from 18 shareholders for $17,846.50.
- Oleg Bilinski resigned as President, CEO, Treasurer, Secretary, Director; Tomasz Anczok resigned as Director.
- Wang Gang appointed as Sole Director, President, CEO, Treasurer, Secretary.
- Wang Gang, 36, currently Manager at Yilong Energy Holding; will devote at least 20 hrs/week to the company.
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