Hong Kong, Hong Kong S.A.R. Nov 10, 2020 (Issuewire.com) - On October 15, 2020, the Board of Directors approved the company entering into a Memorandum of Understanding agreement between AJIA INNOGROUP HOLDINGS, LTD.(OTC symbol AJIA), and UNION PATRON LIMITED. With this Memorandum of Understanding, the Board is strongly expecting to expand the Company’s business developments in the following areas:
1. Big Data Strategic enterprise solution,
2. Cloud and digital trading solution,
3. Combined enterprise syndication planning and solution, and
4. E-compliance system and enterprise solutions.
Additionally, AJIA INNOGROUP HOLDINGS LTD's subsidiary company, SPLENDOR RADIANT LIMITED., entered into an agreement with a third party, Mr. Ngan to set up a joint venture company to be named AJIA CORPORATE SYSTEMS ARCHITECTURE SOLUTION LIMITED.
AJIA CORPORATE SYSTEMS ARCHITECTURE SOLUTION LIMITED and UNION PATRON LIMITED, am independent third party also entered into a MEMORANDUM of UNDERSTANDING.
With the above-mentioned Joint Venture and MEMORANDUM OF UNDERSTANDING, the Board is expecting that the Group’s revenue for the coming quarters shall be improved.
Nevertheless, the Board is still looking forward to engaging other projects so as to improve the Group’s financial performance and cash flow in future.
For the official announcement, please refer to "https://www.otcmarkets.com/stock/AJIA/disclosure" 8-K at 11/04/2020
Media Contact
AJIA Innogroup Holdings Limited *****@ajiainnogroup.com 10/F., Grandmark, 10 Granville Road, Tsim Sha Tsui http://ajiainnogroup.com
