A group of investors acquired 79.37% stake in Inbit Corp. (OTCPK:INBT) from Viktor Zeziulia for $0.25 million on October 26, 2016. The group of purchasers include Tan Chee Hong, Choy Cheng Choong, Loke Yeu Loong, Liau Kuan Mee, Fatimah Binti Abdillah, Teo Joo Meng, Zadey Che Wan Bin Abdullah Fadzil, Abdullah Fadzil Bin Che Wan and his wives. The group of purchasers will acquire 5 million shares in Inbit. The transaction is financed with combination of personal savings of the purchasers and loan proceeds. Upon completion, Viktor Zeziulia resigned as Chairman of the Board and Director of Inbit. Tan Chee Hong will become Chief Executive Officer, Secretary, Director and Chairman, Choy Cheng Choong will become Chief Financial Officer, Treasurer and Director, Loke Yeu Loong will become President and Director, Teo Joo Meng and Zadey Che Wan Bin Abdullah Fadzil will become Directors of Inbit. A group of investors completed the acquisition of 79.37% stake in Inbit Corp. (OTCPK:INBT) from Viktor Zeziulia for $0.25 million on October 26, 2016.