Marvion Inc. has entered into a Stock Purchase Agreement where LEE Ying Chiu Herbert will sell all 10,000,000 shares of Series A Preferred Stock to Young Chi Kin Eric. Eric will assume around $288,089 in liabilities, to be paid in installments per the agreement. Furthermore, Chan Sze Yu will become the new Chief Executive Officer, Chief Financial Officer, Secretary, and Director of Marvion Inc. The company also notes ongoing discussions with Eric regarding potential acquisition of operating businesses after these transactions are finalized.
Names mentioned: - Marvion Inc. - LEE Ying Chiu Herbert - Young Chi Kin Eric - Chan Sze Yu