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Mint Incorporation Limited (NASDAQ:MIMI) reported several updates to its corporate structure in a statement released Monday, based on a filing with the U.S. Securities and Exchange Commission.
The company’s operating subsidiary in Hong Kong, previously known as Matter Interiors Limited, changed its name to Matter International Limited on September 15. According to the statement, the name change does not affect the subsidiary’s legal status, operations, or ownership structure.
Mint also disclosed that Grand Engineering and Construction Limited was incorporated in Hong Kong on February 10 by the company’s Chief Executive Officer and Director, Hoi Lung Chan. On August 7, Grand Engineering was transferred under Mint’s ownership structure as part of an internal reorganization and is now an indirect wholly owned subsidiary through CKL Holding Limited. The company stated that the transfer was conducted for administrative purposes and involved only nominal consideration.
Additionally, Mint highlighted the establishment of Axonex Intelligence Limited, a wholly owned subsidiary originally incorporated as Smartland Capital Limited on January 10. The subsidiary’s name was changed to Axonex Intelligence Limited on August 14. Axonex Intelligence, managed by CEO Hoi Lung Chan, focuses on smart facility management using robotics, IoT, and AI technologies. On August 7, Axonex Intelligence was also transferred under Mint’s ownership structure as part of the internal reorganization, becoming an indirect wholly owned subsidiary through Aspiration Group Limited. This transfer was also for administrative purposes and involved nominal consideration.
On October 30, Mint formed a joint venture, Axonex Robotics Limited, with AIMO (HK) Limited, a Hong Kong-based robotics company. Axonex Robotics is owned 60% by Mint and 40% by AIMO, with Hoi Lung Chan serving as the sole director. The joint venture, incorporated in Hong Kong, will focus on robotics design.
All information is based on a press release statement and Mint’s recent SEC filing.
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