Ajia Innogroup Holdings, Ltd. (OTCPK:AJIA) entered into an agreement to acquire Union Passenger Limited for HKD 37.4 million on June 23, 2022. Ajia issued an aggregate 8,000,000 restricted share of Company common stock to Union shareholders as full consideration for the 100% interest in Union. The Board of the Company approved entry into the Agreement on June 23, 2022. The transaction closed on July 7, 2022, having an effective date of June 30, 2022.

Ajia Innogroup Holdings, Ltd. (OTCPK:AJIA) completed the acquisition of Union Passenger Limited on June 30, 2022.