NASDAQ-listed wealth and health firm, AGBA Group Holding Limited to acquire Sony Life Financial Advisers Pte Ltd in Singapore
- Written by Reporters
- AGBA Group signs agreement to acquire Sony Life Financial Advisers Pte Ltd in Singapore
- Acquisition is a key milestone for AGBA's business and expansion beyond the Greater Bay Area into Southeast Asia
The issuer is solely responsible for the content of this announcement.
About Sony Financial Advisors:
Sony Financial Advisers is a duly licensed financial adviser and insurance broker in Singapore which was established in 2017 and has become a distinctive retail financial services advisory firm that serves mass affluent retail customers (comprising Japanese residing in Singapore as well as local residents) for both their protection and investment needs.
About AGBA Group:
Established in 1993, AGBA Group Holding Limited (NASDAQ: "AGBA") is a leading one-stop financial supermarket based in Hong Kong offering the broadest set of financial services and healthcare products in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) through a tech-led ecosystem, enabling clients to unlock the choices that best suit their needs. Trusted by over 400,000 individual and corporate customers, the Group is organized into four market-leading businesses: Platform Business, Distribution Business, Healthcare Business, and Fintech Business.
Safe Harbor Statement:
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the AGBA uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from AGBA's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: AGBA's goals and strategies; AGBA's future business development; product and service demand and acceptance; changes in technology; economic conditions; the outcome of any legal proceedings that may be instituted against us following the consummation of the business combination; expectations regarding our strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and our ability to invest in growth initiatives and pursue acquisition opportunities; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in Hong Kong and the international markets AGBA plans to serve (including without limitation Singapore) and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by AGBA with the SEC, the length and severity of the recent coronavirus outbreak, including its impacts across our business and operations. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in AGBA's filings with the SEC, which are available for review at www.sec.gov. AGBA undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof. For more information about AGBA, please visit www.agba.comSocial Media Channels: agbagroup LinkedIn | Twitter | Instagram | Facebook | YouTube
Source https://www.media-outreach.com/news/hong-kong/2023/04/06/212865/