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FATFISH GROUP LIMITED — Capital/Financing Update 2018
Jan 18, 2018
64911_rns_2018-01-18_efc5d387-efc4-4edd-8e6b-37cb47523fb6.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
19 January 2018 ASX Announcement
- Market Update Investment Into CryptoFoundry
Further to its announcement dated 22 December 2017, Fatfish Internet Group Ltd (“FFG” or “the Company”) is pleased to announce that it has completed the signing of a definitive Investment Agreement for its investment into CryptoFoundry Pte. Ltd. a Singapore based startup that is providing consultancy and technology services in the area of blockchain and cryptocurrency technologies.
The transaction is expected to complete within the next 60 days. The investment will see FFG investing SGD 350,000 (A$348,000) for a 60% shareholding of CryptoFoundry Pte. Ltd.
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About Fatfish Internet Group
Fatfish Internet Group Ltd (ASX Code: FFG) is a publicly traded international internet venture investment and development firm. FFG partners with entrepreneurs and experienced executives to build and grow internet 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.
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