Core Viewpoint - Addentax Group Corp. is pursuing a strategic initiative to acquire multiple online lending platforms in the Asia Pacific region, aiming to enhance its presence in the fintech sector and create a large-scale digital credit platform [1][3]. Group 1: Acquisition Details - The company is in advanced negotiations to acquire up to 20 online lending platforms, which collectively serve over 600,000 customers and generate an estimated annual loan origination volume exceeding HK$25 billion [1][2]. - The targeted platforms offer services such as AI-supported credit assessment and digital asset-related financial services, characterized by established user bases and proprietary risk control systems [2]. Group 2: Strategic Intent - The CEO of Addentax expressed optimism about the acquisition initiative, highlighting its potential to significantly expand the company's role in the Asia Pacific fintech sector and support long-term value creation for stakeholders [3]. - The proposed acquisitions are expected to create a technology-driven digital credit platform with substantial regional reach and operational efficiency [2][3]. Group 3: Transaction Conditions - The completion of the acquisitions is subject to customary conditions, including due diligence, board approvals, and regulatory approvals from relevant financial authorities [3].

Group 1 - Starling Bank is preparing a secondary share sale that could value the company at up to 4 billion pounds ($5.42 billion) [1] - The company has approached investment banks, including Morgan Stanley and Rothschild, to manage the sale process [1] - Both Starling Bank and Morgan Stanley declined to comment on the matter [1] Group 2 - Starling Bank, founded in 2017, is considering a listing in New York as part of its expansion plans in the United States [2] - For the year ended 31 March, Starling Bank recorded 714 million pounds in revenue and 223 million pounds in pre-tax profit [2] - The exchange rate noted is $1 = 0.7386 pounds [2]