S. Win Holdings Limited entered into an agreement to acquire Marketfinancials Limited from TechFinancials, Inc. (AIM:TECH) for $0.1 million on November 24, 2017. In addition, accumulated retained earnings as at the closing date will be distributed as a dividend to TechFinancials. In a related transaction, S. Win Holdings Limited entered into an agreement to acquire B.O. TradeFinancials Limited from TechFinancials, Inc. (AIM:TECH) for $0.5 million. Marketfinancials reported revenues of $11.8 million and net profit of $0.37 million in 2016. Marketfinancials reported net assets of $0.47 million at June 30, 2017. The transaction is subject to the approval of Seychelles Financial Services Authority. Colin Aaronson, Samantha Harrison and Carolyn Sansom of Grant Thornton UK LLP acted as financial advisor and Patrick Claridge, David Hignell and John Howes of Northland Capital Partners Limited and Lucy Williams and Eran Zucker of Peterhouse Corporate Finance acted as broker to TechFinancials. S. Win Holdings Limited cancelled the acquisition of Marketfinancials Limited from TechFinancials, Inc. (AIM:TECH) on February 6, 2018. As of January 31, 2018, the buyer had not secured relevant regulatory consents for the acquisition.