GLORYWIN ENTERTAINMENT GROUP INC. (OTCMKTS:GWIN) Files An 8-K Unregistered Sales of Equity Securities
ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES
On Feb 28, 2017, The Company agreed to issue an aggregate of
2,000,000 unregistered shares of the Company’s common stock to
the following individuals in the amounts set forth next to their
respective names:
|
Eng Wah Kung |
1,000,000 | |||
|
Gim Hooi Ooi |
500,000 | |||
|
Wai Meng Lam |
500,000 |
These shares were issued in connection with their contribution of
their service to the Company. Mr. Eng Wah Kung is companys Chief
Executive Officer, Mr. Gim Hooi Ooi is the Chief Financial
Officer and Mr. Wai Meng Lam is Chief Technology Advisor of the
company.
ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS;
ELECTION OF DIRECORS; APPOINTMENT OF CERTAIN OFFICERS;
COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.
On March 21, 2017, Mr. Eng Wah Kung announced his resignation as
Chief Executive Officer and director to the Board, effective
immediately. On the same day, Mr. Veng Kun Lun also announced his
resignation as director and secretary of the Board, effective
immediately. Mr, Eng Wah Kung and Mr. Veng Kun Lun did not resign
for reasons involving a disagreement with the Company or its
management, or because of any matter relating to the Companys
operations, policies, or practices. On the same date, the Board
accepted Mr. Eng Wah Kung and Mr. Veng Kun Luns resignation, and
appointed Mr. Ze Wu Xuan as the Acting Chief Executive Officer
until a permanent Chief Executive Officer is appointed. The Board
will seek suitable candidates to fill the secretary position as
soon as possible.
About GLORYWIN ENTERTAINMENT GROUP INC. (OTCMKTS:GWIN)
TOP HONESTY GROUP INC., formerly Glorywin Entertainment Group, Inc. focuses on providing information technology (IT) solutions, junket services and mobile application development for the gaming industry, as well as operating land-based casinos. It introduces very important person (VIP) players to casinos throughout the Asian region, receiving an agreed percentage of total bets placed. It provides junket services to approximately 25 online sub-junkets, where gamers can play various casino games, such as Roulette, Baccarat and Blackjack, among others. It provides sub-junkets and IT infrastructure to land-based casinos in Cambodia. It offers a mobile application to provide gaming to customers where such activity is legal. It also provides technical support services to the casinos regarding their online casino platforms and has acquired the operating rights to a land-based casino in Cambodia. GLORYWIN ENTERTAINMENT GROUP INC. (OTCMKTS:GWIN) Recent Trading Information
GLORYWIN ENTERTAINMENT GROUP INC. (OTCMKTS:GWIN) closed its last trading session 00.000 at 0.101 with 150 shares trading hands.
