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Listed LMG Corp. has terminated its deal with a group of buyers, which would have allowed the backdoor listing of Maxwealth Inifinity Holdings Corp. The buyer, Maxwealth, was supposed to purchase 129.67 million common shares registered under Ann Marrieta L. Sytin, Robinson W. Siao and Value Quest Securities Corp. Sytin…
CHEMICAL products trader LMG Corp. on Friday said that its primary shareholders had decided to terminate a share purchase agreement after failing to agree on an extension with the buyer.
Last June 6, 2023, Maxwealth Infinity Holdings Corp. (“MIHC”), a Philippine holdings company, entered into a Share Purchase Agreement for the sale of LMG Corp.’s combined stake of 67% – as advised by its principal shareholders, Ann Marrieta L. Sytin, Robinson W. Siao, and Value Quest Securities, Corp., on behalf…
LMG Corp. said Maxwealth Infinity Holdings Corp. is buying a 67 percent stake in the company through the acquisition of shares held by existing shareholder...