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I-FREEK HOLDINGS INC to Transfer Holdings in Subsidiary; to Withdraw from Settlement Service Business

Thursday, 10 Oct 2013 03:30am EDT 

I-FREEK HOLDINGS INC announced that it has decided to sell 2,929,000 shares of a wholly owned subsidiary, I-FREEK ASIA PACIFIC PTE.LTD.'s stock (a 100% stake), for USD 80,000 in total, to MIDAS UNITED GROUP PTE. LTD., effective October 15, 2013. The Company will withdraw from settlement service business along with the transaction. 

Company Quote

-12.0 -7.45%
2:00am EDT