Triller Group Inc 8-K, filed Jul 25, 2023
Triller Group Inc. (ILLR)
About this 8-K
Triller Group Inc filed this 8-K on July 25, 2023, reporting on events of July 20, 2023.
Items reported
- Item 1.01: Entered into a material agreement
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Item 1.01 Entry into a Material Definitive Agreement
On July 20, 2023, Profit Vision Limited (“Profit Vision”), a wholly-owned subsidiary of AGBA Group Holding Limited (“AGBA” or “Registrant”), entered into a purchase and sale agreement (the “Agreement”) with Billion Fung Shares Limited (the “Buyer”), pursuant to which, Profit Vision agreed to sell its property located on the fifteenth floor of Kaiseng Commercial Centre at Nos. 4 & 6, Hankow Road, Kowloon, Hong Kong (the “Property”). Under the terms of the Agreement, Profit Vision will sell the Property at HK$48,000,000 (approximately US$6.15 million). The Agreement includes customary representations, warranties, covenants and indemnities. The Property is subject to an existing commercial lease. Upon closing, the Buyer will replace Profit Vision as the landlord in the existing commercial lease. The completion of the purchase of the Property is expected to occur on or about October 17, 2023. Should Buyer fail to complete the purchase of the Property for reasons other than Profit Vision’s default, Profit Vision shall have the rights to terminate the Agreement, re-enter, and repossess the Property, and all the deposits (HK$4,800,000) paid to Profit Vision before closing shall be forfeited to Profit Vision.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: July 25, 2023
| AGBA GROUP HOLDING LIMITED | ||
| By: | /s/ Shu Pei Huang, Desmond | |
| Shu Pei Huang, Desmond | ||
| Acting Group Chief Financial Officer | ||
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