On 23 April 2021, Hundsun Holdings Limited as purchaser entered into an agreement for sale and purchase of shares with SBI Holdings, Inc. to purchase 55,572,331 ordinary shares in N2N Connect Berhad.
On 23 April 2021, Hundsun Holdings Limited as purchaser entered into an agreement for sale and purchase of shares and warrants with Japannext Co., Ltd. to purchase 76,483,521 ordinary shares and 16,319,080 warrants in N2N Connect Berhad.
By virtue of Section 8(6)(a) of the Companies Act 2016, Hundsun Holdings Limited is deemed interested in the said shares.
By virtue of Section 8(6)(c) of the Companies Act 2016, Hundsun Holdings Limited is deemed interested in the said warrants.
By virtue of Section 8(4) of the Companies Act 2016, Hundsun Technologies Inc. is deemed interested in the said shares and warrants via its interests in Hundsun Holdings Limited.
wongckHundsun Technologies Inc. is a China-based company, principally engaged in the provision of software products and services and financial data for financial institutions. The company's customers mainly include brokers, future companies, public funds, trust companies, insurance companies, banks, exchanges, private equity funds, among others. The Company is also engaged in the provision of wealth management tools for individual investors. The Company distributes its products within domestic markets and to overseas markets.
26/04/2021 8:32 PM
wongckHundsun Technologies Inc. [SHA:600570], which is backed by Alibaba Group Holding Ltd. [NYSE:BABA] founder Jack Ma
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