Addentax Group Announces Negotiations To Acquire Multiple Leading Online Money Lending Platforms Across The Asia Pacific Region

Definitive agreements expected to be executed subject to the completion of ongoing negotiations, due diligence, regulatory approvals and other customary conditions.

The transactions are subject to customary closing conditions, including final due diligence, board approvals, approvals from relevant financial regulatory authorities in the jurisdictions in which the target companies operate and other customary conditions. There can be no assurance that definitive agreements will be executed or that any transactions will be completed. The Company will provide updates as appropriate as negotiations progress.