JX Luxventure Group Inc.
We are a Republic of the Marshall Islands company incorporated under the Marshall Islands Business Corporations Act ( BDA ) on January 26, 2012. We were originally organized under the name Acquisition…
We are a Republic of the Marshall Islands company incorporated under the Marshall Islands Business Corporations Act ( BDA ) on January 26, 2012. We were originally organized under the name Acquisition Corp. for the purpose of acquiring through a merger, capital stock exchange, asset acquisition, stock purchase, or similar acquisition transaction, one or more operating businesses or assets. The address of the Company’s principal executive office is Bin Hai Da Dao No. 270, Lang Qin Wan Guo Ji Du Jia Cun Zong He Lou, Xiu Ying District, Haikou City, Hainan Province 570100, People’s Republic of China. On March 24, 2014, we entered into a share exchange agreement and plan of liquidation (the Exchange Agreement ), as amended on June 21, 2014, with KBS International Holding Inc., ( KBS International ), Hongri International Holdings Limited ( Hongri International ), a then wholly owned subsidiary of KBS International and Cheung So Wa and Chan Sun Keung, each an individual and shareholder of KBS International. At the closing of the transactions contemplated in the Exchange Agreement, occurred on August 1, 2014, we acquired 100% of the issued and outstanding equity interest in Hongri International from KBS International. Pursuant to the Exchange Agreement, KBS International was liquidated and dissolved in August 2014 and the shares of Common Stock of the Company were distributed to each shareholder of KBS International according to their respective ownership of KBS International.
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