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KING OF CATER: DATE OF BOARD MEETING
WAC HOLDINGS (08619.HK) will conduct due diligence on KOC's current business operation of C-Pon in Japan.
On June 13th, Growlink announced that WAC HOLDINGS (08619.HK) will conduct due diligence on KOC's C-Pon business in Japan after consultation with KOC, in order to formalize the agreement for the rights to use the C-Pon platform in Hong Kong, South Korea, and Southeast Asia. The due diligence process is expected to be completed at the end of June 2024. C-Pon is a new business model that combines online payment services with in-store discounts. The group's goal is to expand the C-Pon business in this area and in addition to this.
WAC HOLDINGS (08619.HK) plans to expand its business and diversify into the dining and news technology industries.
On June 6, Guangdong News Network reported that Wac Holdings (08619.HK) signed a non-binding Memorandum of Understanding with KOC Japan Inc. ("KOC" or "potential partner") on June 6, 2024. According to the memorandum of understanding, the company intends to acquire the right to use and operate mobile applications and/or the C-Pon platform owned by KOC in Hong Kong, South Korea and Southeast Asia. The terms and conditions of using the mobile application will be further negotiated and agreed upon by the contracting parties. The Board of Directors believes that once the cooperation with KOC is in place, the Group will be able to expand its operations.
The Food King (Global) (08619) plans to acquire the rights to use and operate mobile applications and/or the C-Pon platform owned by KOC in Hong Kong, South Korea and Southeast Asia.
The Food King (Global) (08619) announced that on June 6, 2024, the company signed a memorandum of understanding with KOC Japan to jointly develop the business of food delivery robots in Japan and other overseas markets.
Express News | WAC Holdings - Intends to Acquire Right to Use C-Pon Platform Owned by Koc, in Hong Kong, South Korea and South East Asia
Express News | WAC Holdings- Under Mou Co Intends to Acquire Right to Use and Operate Mobile App and/or C-Pon Platform Owned by Koc
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