OSL Group to Acquire Indonesian Crypto License via Evergreen Crest

OSL Group Expands into Indonesia with $15M Strategic Acquisition

Hong Kong blockchain platform OSL Group (HKEX: 00863) has announced its intention to acquire a 90% stake in Evergreen Crest Holdings Ltd for $15 million, marking a strategic expansion into Indonesia's rapidly growing cryptocurrency market, Reuters reported on Monday.The acquisition will be financed through the issuance of new shares rather than cash, with Evergreen Crest becoming an indirect subsidiary of OSL upon completion. The transaction's p…

OSL Group to Acquire Indonesian Crypto License via Evergreen Crest

OSL Group to acquire 90% of Evergreen Crest and gain Indonesian crypto license for $15M through equity.

Hong Kong’s OSL eyes Indonesia expansion with $15 million crypto exchange acquisition – MAXBIT

Hong Kong-listed OSL Group has agreed to purchase a 90% stake in Evergreen Crest, which runs an Indonesian crypto exchange. Source link