Agape ATP Corp
1. ORGANIZATION AND BUSINESS BACKGROUND Agape ATP Corporation, a Nevada corporation ( the Company ) was incorporated under the laws of the State of Nevada on June 1, 2016. Agape ATP Corporation operat…
1. ORGANIZATION AND BUSINESS BACKGROUND Agape ATP Corporation, a Nevada corporation ( the Company ) was incorporated under the laws of the State of Nevada on June 1, 2016. Agape ATP Corporation operates through its subsidiaries, namely, Agape ATP Corporation ( AATP LB ), a company incorporated in Labuan, Malaysia, and Agape Superior Living Sdn. Bhd. ( ASL ), a company incorporated in Malaysia on August 8, 2003. AATP LB is an investment holding company with 100% equity interest in Agape ATP International Holding Limited ( AATP HK ), a company incorporated in Hong Kong. On May 8, 2020, the Company entered into a Share Exchange Agreement with Mr. How Kok Choong, CEO and director of the Company to acquire 9,590,596 ordinary shares, no par value, equivalent to approximately 99.99% of the equity interest in ASL, a network marketing entity incorporated in Malaysia. On September 11, 2020, the Company incorporated Wellness ATP International Holdings Sdn. Bhd. ( WATP ), a wholly owned subsidiary under the laws of Malaysia, to pursue the business of promoting wellness and wellbeing lifestyle of the community by providing services that includes online editorials, programs, events and campaigns on how to achieve positive wellness and lifestyle. On July 4, 2024, the entity changed its name to Cedar ATPC Sdn. Bhd. ( CEDAR ). On November 25, 2024, CEDAR increased its number of ordinary shares to 1,000,000 shares at RM 0.01 per share. On November 11, 2021, AATP LB formed an entity, DSY Wellness International Sdn. Bhd.
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