Adgs Advisory Inc (ADGS) 1.5900 $ADGS
ADGS Advisory, Inc. to Acquire Customer List from Hong Kong Based Accounting Advisory Company
Filing Services Canada - Mon Aug 04, 9:53AM CDT
ADGS Advisory, Inc. to Acquire Customer List from Hong Kong Based Accounting Advisory Company Hong Kong (FSCwire) - ADGS Advisory, Inc. (ADGS or the Company) (OTCQB:ADGS) today announced that it has signed a Purchase Agreement to acquire the customer list from Acorate Advisory Limited and Berfield Enterprise Solutions and Technology Limited. In consideration for the acquisition of the customer list, ADGS has agreed to pay HK $12.0 million (approximately US $1.5 million) to be paid in tranches and 5,000,000 shares of the common stock of the Company. The initial payment of HK $2.0 million has already been paid, HK $3.0 million is to be paid on or before March 30, 2015 along with the shares of common stock, and the balance will be paid in 18 monthly installments commencing one month after closing. The closing is expected to occur on or before March 30, 2015. This is the second acquisition for the Company in a twelve month period of time and a major component of this acquisition is its growth strategy. ADGS's Chief Executive Officer Florence Li Lai Ying stated "We are delighted that we will be acquiring this customer list from a Hong Kong based accounting advisory company. The customer list from the company is strong, excellent and stable revenue each year, and it will enhance our existing service offerings and broaden the Company's expertise in asset and property transfer and insolvency and enable us to capture additional business." Ms. Li further stated that the client base from the company to be acquired is expected to generate revenues of US $9.6M in 2015. About ADGS ADGS Advisory, Inc. is primarily engaged in providing accounting, taxation, company secretarial, general corporate and consultancy services in Hong Kong. ADGS has a strong and successful background in the Hong Kong market, most notably bankruptcy and insolvency services to a variety of customers including high growth industries in China. ADGS intends to further bolster its growth via additional acquisitions. Forward-Looking Statements This release contains forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. In some cases, you can identify forward-looking statements by terms such as anticipates, believes, could, estimates, expects, intends, may, plans, potential, predicts, projects, should, would and similar expressions intended to identify forward-looking statements. Forward-looking statements reflect our current views with respect to future events and are based on assumptions and are subject to risks and uncertainties. Given these uncertainties, you should not place undue reliance on forward-looking statements. Also, forward-looking statements represent our estimates and assumptions only as of the date of this release. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set forth in the Companys SEC filings. Except as required by law, we assume no obligation to update any forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available in the future. ADGS Advisory, Inc. 26th Floor 113 Argyle Street Mongkok, Kowloon, Hong Kong Contact: Ms. Michelle Tong Telephone: 852-2374-0002 michelletong@adgs.com.hk (mailto:michelletong@adgs.com.hk) To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...g42014.pdf Source: ADGS Advisory Inc. (OTCQB:ADGS) http://adgs.com.hk/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2014 Filing Services Canada Inc.
ADGS Advisory retains Maxim Group LLC for strategic services
M2 - Mon Jul 28, 5:06AM CDT
ADGS Advisory Inc (OTCQB:ADGS) retained an investment banking, securities and investment management firm, Maxim Group LLC to provide strategic corporate finance and investment banking services, it stated on Friday.
ADGS Advisory Announces Engagement of Maxim Group LLC
Filing Services Canada XHTML - Fri Jul 25, 8:56AM CDT
ADGS Advisory, Inc. to Provide Advisory Servicesfor Proposed Theme Park in China
Business Wire - Tue Jul 08, 9:42AM CDT
ADGS Advisory, Inc. ("ADGS"
(OTCQB:ADGS) today announced that it has signed a Memorandum of Understanding to provide certain consulting and advisory services in connection with the construction of a proposed new entertainment theme park in the PRC.
ADGS Advisory, Inc. Announces Appointment of Independent Director
Business Wire - Tue Mar 11, 9:19AM CDT
ADGS Advisory, Inc. (the "Company" (OTCQB:ADGS) today announced that it has appointed Mr. Fu Kei Man Derek to its Board, to serve as a non-executive independent Director, effective immediately.
ADGS Advisory, Inc. to Offer China Tax Advisory Services
Business Wire - Tue Feb 18, 8:00AM CST
ADGS Advisory, Inc. (the "Company" (OTCQB:ADGS) today announced that it has appointed Mr. Liu Yixin Chris ("Mr. Liu" as an Assurance & Business Advisory Manager (China Business), effective immediately.
ADGS Advisory, Inc. to Offer Legal Advisory Services
Business Wire - Fri Feb 07, 10:13AM CST
ADGS Advisory, Inc. (the "Company" (OTCQB:ADGS) today announced that it has appointed Mr Ho Sai Kwan David ("Mr. Ho" effective as of February 1, 2014 as a Legal Advisor. Mr. Ho has extensive experience in Hong Kong Bankruptcy and Insolvency Matters. Mr. Ho is a licensed and practicing solicitor in Hong Kong under Section 73 of the Legal Practitioners Ordinance (Cap. 159).
ADGS Advisory, Inc. to Acquire Customer List from Hong Kong Based Accounting Advisory Company
Filing Services Canada - Mon Aug 04, 9:53AM CDT
ADGS Advisory, Inc. to Acquire Customer List from Hong Kong Based Accounting Advisory Company Hong Kong (FSCwire) - ADGS Advisory, Inc. (ADGS or the Company) (OTCQB:ADGS) today announced that it has signed a Purchase Agreement to acquire the customer list from Acorate Advisory Limited and Berfield Enterprise Solutions and Technology Limited. In consideration for the acquisition of the customer list, ADGS has agreed to pay HK $12.0 million (approximately US $1.5 million) to be paid in tranches and 5,000,000 shares of the common stock of the Company. The initial payment of HK $2.0 million has already been paid, HK $3.0 million is to be paid on or before March 30, 2015 along with the shares of common stock, and the balance will be paid in 18 monthly installments commencing one month after closing. The closing is expected to occur on or before March 30, 2015. This is the second acquisition for the Company in a twelve month period of time and a major component of this acquisition is its growth strategy. ADGS's Chief Executive Officer Florence Li Lai Ying stated "We are delighted that we will be acquiring this customer list from a Hong Kong based accounting advisory company. The customer list from the company is strong, excellent and stable revenue each year, and it will enhance our existing service offerings and broaden the Company's expertise in asset and property transfer and insolvency and enable us to capture additional business." Ms. Li further stated that the client base from the company to be acquired is expected to generate revenues of US $9.6M in 2015. About ADGS ADGS Advisory, Inc. is primarily engaged in providing accounting, taxation, company secretarial, general corporate and consultancy services in Hong Kong. ADGS has a strong and successful background in the Hong Kong market, most notably bankruptcy and insolvency services to a variety of customers including high growth industries in China. ADGS intends to further bolster its growth via additional acquisitions. Forward-Looking Statements This release contains forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. In some cases, you can identify forward-looking statements by terms such as anticipates, believes, could, estimates, expects, intends, may, plans, potential, predicts, projects, should, would and similar expressions intended to identify forward-looking statements. Forward-looking statements reflect our current views with respect to future events and are based on assumptions and are subject to risks and uncertainties. Given these uncertainties, you should not place undue reliance on forward-looking statements. Also, forward-looking statements represent our estimates and assumptions only as of the date of this release. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set forth in the Companys SEC filings. Except as required by law, we assume no obligation to update any forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available in the future. ADGS Advisory, Inc. 26th Floor 113 Argyle Street Mongkok, Kowloon, Hong Kong Contact: Ms. Michelle Tong Telephone: 852-2374-0002 michelletong@adgs.com.hk (mailto:michelletong@adgs.com.hk) To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...g42014.pdf Source: ADGS Advisory Inc. (OTCQB:ADGS) http://adgs.com.hk/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2014 Filing Services Canada Inc.
ADGS Advisory retains Maxim Group LLC for strategic services
M2 - Mon Jul 28, 5:06AM CDT
ADGS Advisory Inc (OTCQB:ADGS) retained an investment banking, securities and investment management firm, Maxim Group LLC to provide strategic corporate finance and investment banking services, it stated on Friday.
ADGS Advisory Announces Engagement of Maxim Group LLC
Filing Services Canada XHTML - Fri Jul 25, 8:56AM CDT
ADGS Advisory, Inc. to Provide Advisory Servicesfor Proposed Theme Park in China
Business Wire - Tue Jul 08, 9:42AM CDT
ADGS Advisory, Inc. ("ADGS"
(OTCQB:ADGS) today announced that it has signed a Memorandum of Understanding to provide certain consulting and advisory services in connection with the construction of a proposed new entertainment theme park in the PRC. ADGS Advisory, Inc. Announces Appointment of Independent Director
Business Wire - Tue Mar 11, 9:19AM CDT
ADGS Advisory, Inc. (the "Company"
(OTCQB:ADGS) today announced that it has appointed Mr. Fu Kei Man Derek to its Board, to serve as a non-executive independent Director, effective immediately. ADGS Advisory, Inc. to Offer China Tax Advisory Services
Business Wire - Tue Feb 18, 8:00AM CST
ADGS Advisory, Inc. (the "Company"
(OTCQB:ADGS) today announced that it has appointed Mr. Liu Yixin Chris ("Mr. Liu" as an Assurance & Business Advisory Manager (China Business), effective immediately. ADGS Advisory, Inc. to Offer Legal Advisory Services
Business Wire - Fri Feb 07, 10:13AM CST
ADGS Advisory, Inc. (the "Company"
(OTCQB:ADGS) today announced that it has appointed Mr Ho Sai Kwan David ("Mr. Ho" effective as of February 1, 2014 as a Legal Advisor. Mr. Ho has extensive experience in Hong Kong Bankruptcy and Insolvency Matters. Mr. Ho is a licensed and practicing solicitor in Hong Kong under Section 73 of the Legal Practitioners Ordinance (Cap. 159). 
