Acquisitions in British Virgin Islands

Gerald Group has been awarded 100% of Soremi Investments Ltd. (SIL), a British Virgin Islands-registered company that owns and controls Société de Recherche et d'Exploitation Minière (Soremi SA), operator of the Soremi Mine in the Republic of the Congo. Court orders in the British Virgin Islands and Hong Kong recognized Gerald Group’s entitlement to ownership and control of SIL’s 65% stake previously held by China National Gold Group Hong Kong Ltd (CNG), and a court-appointed receiver currently controls SIL. Gerald Group also warned that Soremi SA-issued tenders to sell copper cathode and zinc ingots were unauthorized and would violate court orders.

ReTo Eco-Solutions, Inc. closed the acquisition of a 51% equity interest in MeinMalzeBier Holdings Limited on April 25, 2025. MeinMalzeBier markets and sells craft beer and craft beer machines in China through its PRC operating subsidiaries, and the deal is intended to support ReTo’s expansion of its smart craft beer machine product line by leveraging MeinMalzeBier’s sales network.

Mega Matrix Corp. completed the acquisition of the remaining 40% of FunVerse Holding Limited, increasing its ownership from 60% to 100%. FunVerse is the parent of Yuder Pte, Ltd., which operates FlexTV, a Singapore-based short drama streaming platform. The transaction was executed via a Share Exchange Agreement in which Mega Matrix issued 1,500,000 shares of its common stock for the remaining FunVerse voting shares.

Crowley has acquired Tamarind Consolidated, a logistics services company supporting freight movement between the United States and the British Virgin Islands. The deal transitions Tamarind’s warehousing and non-vessel operating common carrier (NVOCC) services to Crowley, expanding Crowley’s end-to-end supply chain capabilities in the Caribbean, including Virgin Gorda and surrounding BVI locations.

Investcorp entered into a definitive agreement alongside China Resources Capital Management Limited to acquire a majority ownership position in City Super (BVI) Limited (City Super Group). Existing shareholders, including Fenix Group and the Lane Crawford Joyce Group, will retain a 35% stake, with closing expected in Q4 2020 subject to PRC merger control approval. City Super Group’s management will continue to operate the business under the city'super and LOG-ON brands as the new owners support expansion across Greater China and Asia.