Current Report Filing (8-k)
September 25 2017 - 8:18AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported)
August 22, 2017
IGS Capital Group Limited
(Exact name of registrant as specified in its
charter)
Nevada
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000-50760
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58-2670972
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(State or other jurisdiction
of incorporation)
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(Commission File Number)
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(IRS Employer
Identification No.)
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G5, Tiara Mutiara
(No 139, Jalan Puchong)
58200 Kuala Lumpur, Malaysia
(Address of principal executive offices) (Zip
Code)
Registrant's telephone number, including area
code:
+ 603-77726616
_________________________________________________
(Former name or former address, if changed since
last report)
Check the appropriate box below if the Form
8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions
(see General Instruction A.2. below):
☐ Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)
☐ Pre-commencement communications pursuant
to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange
Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark
if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act.
Item 1.01 Entry into a Material
Definitive Agreement.
On
August 22, 2017, IGS Capital Group Limited (the "Company"), and Tan Kok Beng (the “Seller”), entered into
a Sale and Purchase Agreement (the "Agreement"). The Seller is the owner of all of the issued and outstanding capital
stock (the “Stock”) of IGS Mart SDN BHD, a Malaysia company (“IGS Mart”). Pursuant to the Agreement, the
Company purchased the Stock from the Buyer for a purchase price of US$60,000. IGS Mart will be a
wholly
-owned
subsidiary of the Company.
IGS Mart is a company
incorporated in Malaysia on June 2, 2017. It currently operates one convenient store named Like Mart at G-3A Tiara Mutiara 139,
Jalan Puchong, 58200 Kuala Lumpur, Malaysia. IGS Mart intends to open an additional 5 convenient stores in Malaysia over the next
15 months. Although there is no assurance of success, the Company believes that there is a good opportunity for expansion of many
more outlets after the brand is established.
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: September 22, 2017
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IGS CAPITAL GROUP LIMITED
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By:
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/s/
Kok Seng Yeap
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Name: Kok Seng Yeap
Title: Chief Executive Officer
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