AEI - Alset EHome subsidiary GigWorld acquires 18% interest in Value Exchange
Alset EHome ([[AEI]] -2.1%) through its subsidiaries in EHome development and digital transformation technology announced that its subsidiary GigWorld has entered into a securities purchase agreement to purchase an 18% ownership interest in Hong Kong headquartered Value Exchange International.Value Exchange is a U.S. public holding company with offices in Shenzhen, Guangzhou, Shanghai, and Beijing China, Manila in the Philippines and Kuala Lumpur, Indonesia and provides mobile payment gateway customer-centric solutions for the retail industry in Asia.It's retail POS solutions process numerous transactions annually at ~20K retail outlets in Asia.
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Alset EHome subsidiary GigWorld acquires 18% interest in Value Exchange