Deal sells 5 million common shares at $0.07 apiece to Kok Cheang Lim
By Devika Patel
Knoxville, Tenn., Sept. 20 - Royale Group Holding, Inc. settled a $350,000 private placement of stock with Kok Cheang Lim on Sept. 19, according to an 8-K filed Friday with the Securities and Exchange Commission.
The company sold 5 million common shares at $0.07 per share, which is identical to the closing share price on Sept. 18.
Previously My Group, Inc., the shell company is considering various acquisition targets and other business opportunities and is based in Bangkok.
| Issuer: | Royale Group Holding, Inc.
|
| Issue: | Common stock
|
| Amount: | $350,000
|
| Shares: | 5 million
|
| Price: | $0.07
|
| Warrants: | No
|
| Investor: | Kok Cheang Lim
|
| Settlement date: | Sept. 19
|
| Stock symbol: | OTCBB: ROGP
|
| Stock price: | $0.07 at close Sept. 18
|
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