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FATFISH GROUP LIMITED — Capital/Financing Update 2018
Feb 27, 2018
64911_rns_2018-02-27_831e3306-dd80-4d69-9b35-772ea9a1f359.pdf
Capital/Financing Update
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Fatfish Internet Group Ltd (ACN 004 080 460) Level 4, 91 William Street Melbourne VIC 3000 Australia www.fatfish.co
ASX Announcement
28 February 2018
FFG signs off Kryptos-X Share Subscription Agreement
Pursuant to the earlier announced investment to be made into Kryptos-X the Board of Directors of Fatfish Internet Group Limited (ASX Code: FFG) (“the Company”) is pleased to announce that FFG has today signed off a definitive Subscription Agreement with Kryptos-X Pte. Ltd. (“Kryptos-X”), a Singapore incorporated company that is the legal entity setting up and operating the Kryptos-X cryptoasset exchange.
Kryptos-X is founded by Mr Tony Mackay, founding chairman and CEO of Chi-X Global. With this signing off FFG will be investing US$1 million into Kryptos-X in exchange for 27% equity of Kryptos-X. Kryptos-X is in the midst of setting up its initial operation in Singapore and plans to start the operation soon.
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Meanwhile, Kryptos-X has started pre-registration of clients at its website www.kryptos x.com
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About Fatfish Internet Group
Fatfish Internet Group Ltd (ASX Code: FFG) is a publicly traded international venture investment and development firm. FFG partners with entrepreneurs and experienced executives to build and grow tech businesses via a co-entrepreneurship model. FFG focusses on emerging global technology trend, specifically FFG has been investing strategically across various sectors of cryptocurrency, fintech and consumer internet technologies.
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Fatfish Internet Group Ltd (ACN 004 080 460) Level 4, 91 William Street Melbourne VIC 3000 Australia www.fatfish.co
FFG operates from its international venture hubs located in Singapore, Kuala Lumpur and Stockholm.
For further question on this release, please contact Investor Relations Team [email protected] or visit www.fatfish.co