Easy Communication 2024 Interim Report discloses the purchase of shares in Hong Kong Virtual Asset Exchange Limited for HKD 12.9 million

ChainCatcher news, Hong Kong listed company Easy Communication has released its 2024 interim report, which discloses that Easy Communication has purchased shares in Hong Kong Virtual Asset Exchange Limited ("VAX") for HKD 12.9 million, investing in VAX.

VAX is a non-listed company that is currently applying to the Hong Kong Securities and Futures Commission for a Type 1 (dealing in securities) and Type 7 (providing automated trading services) regulated activity license under the Securities and Futures Ordinance to regulate virtual asset trading platforms in Hong Kong. As of June 30, 2024, Easy Communication Group holds 165,385 shares, with a book value of approximately HKD 1,543,000.