StockWatch
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Diversified Commercial Services
DivestmentJul 6, 2026, 04:58 PM

Baiya International Group Sells Starfish Technology-FZE for $1M

AI Summary

Baiya International Group Inc. entered into a Stock Purchase Agreement on July 2, 2026, to sell all its equity interests in Starfish Technology-FZE to Shengshi International Group Inc. for a cash consideration of US$1,000,000. This new agreement supersedes a prior stock purchase agreement from September 19, 2025, under which the equity interests of Starfish Technology-FZE were to be transferred to Baiya International Group Inc.

Key Highlights

  • Baiya International Group Inc. sold all equity interests in Starfish Technology-FZE.
  • The acquiror is Shengshi International Group Inc.
  • The sale was for a cash consideration of US$1,000,000.
  • The Stock Purchase Agreement was entered into on July 2, 2026.
  • A prior stock purchase agreement for the Target Company was dated September 19, 2025.