Bowen FinTech (LSE: BWN), a special purpose acquisition company (SPAC) formed to acquire businesses in the technology innovations sector with a focus on the financial services industry, has signed conditional, non-legally binding agreement to acquire 93.49% of the issued share capital of MINNADEOOYASAN-HANBAI (MOH).
MOH is a leading crowdfunding services platform in Japan and solution provider for investors seeking returns from investment into real estate. MOH was incorporated in 1998 with its head office in Tokyo, and is regulated under the Real Estate Specified Joint Venture Act. It commenced crowdfunding services in 2007.