C05005-2024 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common | 3,159,292,441 |
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Subject of the Disclosure |
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Acquisition of Shares of Millenium Empire Holdings, Ltd. |
Background/Description of the Disclosure |
Millennium Empire Holdings, Ltd. (“MEHL”), a company that owns 100% of Bonham Strand Investments Ltd. (“BSIL”) which, in turn, owns approximately 69.68% of the total outstanding capital stock of MEDCO Holdings, Inc. (the “Company”), was acquired by Winter Dragon Limited (“WDL”) pursuant to a Share Purchase Agreement executed today, 29 July 2024. As a result of WDL’s acquisition of MEHL, WDL indirectly holds 69.68% of the Company’s total issued and outstanding shares, triggering the requirement of tender offer under Section 19 of the Securities Regulation Code (SRC) and the 2015 Implementing Rules and Regulations. |
Other Relevant Information |
None |
Name | Mary Ann Miel |
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Designation | Chief Accountant |