Business
CORRECTION: Acquisition of Malaysia Operating Company
CORRECTION: Acquisition of Malaysia Operating Company.
About this update from Glorywin Entertainment Group, Inc.
[{"type":"text","content":"Malaysia, Wednesday January 17, 2018 Glorywin Entertainment Group, Inc. (GWIN), would like to announce that the Company is in the discussion with Mr. Wai Meng Lam and Mr. Bernard Geok Chuan Lim, to acquire from them 49% of a Malaysia corporation company (the Target). The Target is principally engaged in manufacturing of wood pallets for Korea market.Mr. Wai Meng Lam is our Chairman whilst Mr. Bernard Geok Chuan Lim is our CFO respectively. Mr. Lam and Mr. Lim has more than 30 years and 15 years experiences respectively in this wood pallet industry. They have invested millions of dollars in the Target. Disclaimer:Certain statements contained in this release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to statements identified by words such as \"believes,\" \"expects,\" \"anticipates,\" \"estimates,\" \"intends,\" \"plans,\" \"targets,\" \"projects\" and similar expressions. The statements in this release are based upon the current beliefs and expectations of our company's management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. Numerous factors could cause or contribute to such differences, including, but not limited to, results of clinical trials and/or other studies, the challenges inherent in new product development initiatives, the effect of any competitive products, our ability to license and protect our intellectual property, our ability to raise additional capital in the future that is necessary to maintain our business, changes in government policy and/or regulation, potential litigation by or against us, any governmental review of our products or practices, as well as other risks discussed from time to time in our filings with the Securities and Exchange Commission, including, without limitation, our latest 10-Q Report filed on November 28th, 2017. We undertake no duty to update any forward-looking statement or any information contained in this press release or in other public disclosures at any time. SOURCE: GWIN","length":2331,"tagName":"div"}]