Following the shareholders approval at the extraordinary shareholders meeting of Fatfish Blockchain Limited held on 6 January 2020 for the proposed transaction between FFG's subsidiary Fatfish Global Ventures AB ("FGV") and Abelco Investment Group AB (publ), the said proposed transaction is now unconditional and is expected to close soon. Former FGV CEO Mr. Johan Rooth has been appointed as the CEO of Abelco and will lead the day-to-day operation of the new Abelco. FFG's CEO Mr. Kin Wai Lau and Chairman Mr. Larry Gan have been appointed as directors of Abelco.

Kin will provide management oversight of Abelco's Asian operation and take an active role in the corporate development of Abelco.