UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Item Entry into a Material Definitive Agreement
On November 4, 2023, Agape ATP Corporation (the “Company”) entered a memorandum of agreement (the “Volt Industries MOA”) with Volt Industries Sdn. Bhd. (“Volt Industries”), whereby the Company intends to acquire a 51% stake in Volt Industries, and that the Company also intends to finance the construction of 50 EV charging stations by Volt Industries.
On November 4, 2023, the Company also entered a memorandum of agreement (the “OIE MOA”) with Oriental Industries Enterprise Sdn. Bhd.(“OIE”), whereby the Company intends to form a special purpose vehicle company (the “SPV”) with OIE in order to provide and promote the development of renewable energy in Malaysia. Both the Company and OIE will hold 50% shares in the SPV, respectively.
On November 9, 2023, the Company issued a press release (the “Press Release”) announcing the Company entering into both the Volt Industries MOA and OIE MOA. A copy of the Volt Industries MOA, OIE MOA and the Press Release is furnished as Exhibit 99.1, 99.2 and 99.3, respectively to this Current Report on Form 8-K and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
c) Exhibits
| 99.1 | Memorandum of agreement dated November 4, 2023 between the Company and Volt Industries Sdn. Bhd. |
| 99.2 | Memorandum of agreement dated November 4, 2023 between the Company and Oriental Industries Enterprise Sdn. Bhd. |
| 99.3 | Press Release, dated November 9, 2023 |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| AGAPE ATP CORPORATION | ||
| Date: November 9, 2023 | By: | /s/ How Kok Choong |
| Name: | How Kok Choong | |
| Title: | Chief Executive Officer, President, Director, Secretary and Treasurer (Principal Executive Officer) | |
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