Twin Ace International Holdings, Ltd. entered into an agreement to acquire 49.63% in Glow Holdings, Inc. (OTCPK:GLOH) from Slisons Holdings, Inc for $0.07 million in cash on May 21, 2012. Under the terms of agreement, Twin Ace International Holdings, Ltd. acquired 50.1 million common stock and 10 million series A convertible preferred stock in the deal. Post transaction, Twin Ace International will own 61% of Glow Holdings' outstanding voting control. Kam Thong Cheah is appointed as Board of Directors of Glow Holdings as Kevin J. Gadawski resigned from his position. Glow Holdings intend to shift their business focus from a company in multi-level marketing company to one involved in general prospecting, exploration, production (mining) and trading (selling & buying) of minerals and ore such as gold, iron ore, tin, coal, magnesium, and antimony. The deal is subject to regulatory approval. The transaction is expected to close on May 25, 2012. The Lebrecht Group, APLC acted as an escrow agent in the transaction. Twin Ace International Holdings, Ltd. completed the acquisition of 49.63% in Glow Holdings, Inc. (OTCPK:GLOH) from Slisons Holdings, Inc on May 25, 2012.