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VS Media Holdings Limited Report: Major Share Acquisition of MLINK Limited

$VSME
Form 6-K
Filed on: 2024-12-31
Source
VS Media Holdings Limited Report: Major Share Acquisition of MLINK Limited

Here are the key insights extracted from the provided section of the financial report (Form 6-K):

  1. Company Information:
  • Name: VS Media Holdings Limited
  • Commission File Number: 001-41817
  • Date of Report: December 31, 2024
  • Principal Executive Office:
    • Address: 6/F, KOHO, 75 Hung To Road, Kwun Tong, Hong Kong
    • Contact Number: +852 2865 9992
  • CEO: Ms. Nga Fan Wong
  1. Nature of Filing:
  • This report is a Form 6-K submitted by a foreign private issuer as per the requirements of the Securities Exchange Act of 1934.
  1. Share Purchase Agreement:
  • Date of Agreement: December 30, 2024
  • Parties: VS Media Limited (wholly-owned subsidiary of VS Media Holdings) and Sellers (Mr. Kwan Yany Yan Chi and Ms. Cheng Yik Yee Kitty).
  • Transaction Details:
    • VS Media HK is purchasing 100% of the issued share capital of MLINK LIMITED, a limited liability company incorporated in Macau.
    • Consideration for the purchase involves the allotment or transfer of 1,250,000 Class A Ordinary Shares of VS Media Holdings to the Sellers and/or their designees.
  1. Regulatory Compliance:
  • The filing indicates compliance with SEC regulations, specifically under Rule 13a-16 or 15d-16.
  1. Signatures:
  • The report is signed by the CEO, confirming the accuracy and compliance of the information provided.

This information highlights a significant corporate transaction involving share allocation and acquisition, which could impact the operational and financial structure of VS Media Holdings Limited.