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Listed Hong Kong Company International Business Settlement Establishes Joint Venture to Engage in Crypto Asset Business

Summary: According to reports, International Business Settlement (00147.HK) announced that its wholly-owned subsidiary, Chengtai, and Mr. Chen Sanming have signed a joint venture agreement to establish a joint venture company in 2025. Upon registration, the joint venture company will be owned 70% by Chengtai and 30% by Mr. Chen Sanming. The joint venture company will primarily ...

According to reports, International Business Settlement (00147.HK) announced that its wholly-owned subsidiary, Chengtai, and Mr. Chen Sanming have signed a joint venture agreement to establish a joint venture company in 2025. Upon registration, the joint venture company will be owned 70% by Chengtai and 30% by Mr. Chen Sanming. The joint venture company will primarily engage in crypto asset-related business. (Zhitong Finance)

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