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PAX Global Technology Sets Board Meeting Date
Pax Global (00327.HK) plans to hold a board of directors meeting on August 20th to approve its mid-term performance.
Pax Global (00327.HK) announced that the board of directors will hold a meeting on Tuesday, August 20, 2024 to consider and approve the mid-term performance of the company and its subsidiaries for the six months ended June 30, 2024 (including but not limited to), consider declaring interim dividends (if any), and handle any other matters.
PAX GLOBAL: DATE OF BOARD MEETING
PAX Global Technology Unit to Buy Electronic Payment Terminal Firm For AU$5 Million
PAX Global Expands With Strategic Oceanic Acquisition
Pax Global (00327.HK) plans to acquire 100% equity of Pax Technology Australia PTY Ltd.
On August 5, Guolonghui announced that Pax Global (00327.HK) concluded a share purchase agreement with the buyer (a wholly-owned subsidiary of the Company) and the seller regarding the acquisition on August 5, 2024. After completion, Pax Technology Australia PTY Ltd., the target company, will be indirectly owned 100% by the Company and will be recognized as its subsidiary. The target company mainly provides electronic payment terminals in Australia and New Zealand and has shown strong growth in the past few years. The board of directors believes that the acquisition will strengthen the group's global sales network and serve as a platform for the group in
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