Mmtec, Inc. acquired remaining 75.1% stake in MMBD Trading Ltd. from Xiangdong Wen and Zhen Fan for $0.19 million.
Mmtec, Inc. (NasdaqCM:MTC) completed the acquisition of remaining 75.1% stake in MMBD Trading Ltd. from Xiangdong Wen and Zhen Fan on October 18, 2019. Post-completion, MMBD Trading Ltd. has become a wholly-owned subsidiary of Mmtec, Inc.