Alset EHome International Inc.: Alset EHome International Subsidiary GigWorld Inc. Purchases 18% Interest in Value Exchange International, Inc. (VEII)
AEI) (the
Company ), a diversified holding company principally engaged through its subsidiaries in EHome development and digital transformation technology, today announced that its subsidiary GigWorld Inc. has entered into a Securities Purchase Agreement to purchase an 18% ownership interest in Value Exchange International, Inc. (VEII) (
Value Exchange ).
Value Exchange is a U.S. public holding company headquartered in Hong Kong, with offices in Shenzhen, Guangzhou, Shanghai, and Beijing China, Manila in the Philippines and Kuala Lumpur, Indonesia. Through its subsidiaries, Value Exchange provides Mobile Payment Gateway (QR code purchase at POS) customer-centric solutions for the retail industry in Asia. By integrating market-leading Point-of-Sale/Point-of-Interaction (POS/POI), Merchandising, CRM & Reward, Locational Based (GPS
Alset EHome International Subsidiary GigWorld Inc Purchases 18% Interest in Value Exchange International, Inc (VEII)
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Alset EHome International Subsidiary GigWorld Inc Purchases 18% Interest in Value Exchange International, Inc (VEII)
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Philippines National Grid taps banks for $1.5b IPO
FILE PHOTO: A trader walks past the electronic board of the Philippine Stock Exchange in Makati city, Metro Manila, Philippines June 27, 2016. REUTERS/Romeo Ranoco
March 16, 2021
National Grid Corp. of the Philippines has picked banks to work on its initial public offering and has increased its targeted size to at least $1.5 billion, according to people with knowledge of the matter, paving the way for the biggest listing in the nation’s history.
The high-voltage electricity network operator, commonly known as NGCP, has selected Bank of America Corp., JPMorgan Chase & Co. and UBS Group AG to work on the first-time share sale, said the people, asking not to be named as the process is private. It may also add other banks to help with the listing, they said.