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20-Aug-2008
Entry into a Material Definitive Agreement, Changes in Control or R
On August 15, 2008, William Tay (the "Seller"), completed the sale of all of the shares of common stock (the "Shares") of China Quest Acquisition Corp., a Delaware corporation (the "Company"), to Mr. Chin Yung Kong (the "Purchaser"). The sale resulted in a change in control of the Company.
On August 15, 2008, the Seller consummated the sale of 31,340,000 Shares, constituting all of the issued and outstanding common stock of the Company, to Purchaser for an aggregate purchase price of 54,446.00 RMB. Following the stock purchase, Purchaser owns all of the issued and outstanding common stock of the Company. Purchaser's address is at Room 1819 Mingyong Building, No.60 Xian Road, Shekekou District, Dalian, China 116021.
Except as modified by the statements contained in this report, the statements and information included in the Company's Form 10-SB General Form for Registration of Securities of Small Business Issuers filed with the U.S. Securities and Exchange Commission on February 26, 2008, is incorporated by reference into this Item.
Item 5.02
Departure of Directors or Principal Officers; Election Of Directors; Appointment of Principal Officers.
In connection with the transaction mentioned in Items 1.01 and 5.01 above, Mr. Tay resigned as the Company's Director effective August 15, 2008. The resignation is not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices.
Mr. Tay also resigned as the Company's President, Chief Executive Officer, Chief Financial Officer, Treasurer and Secretary effective August 15, 2008.
Mr. Chin Yung Kong has been appointed as the Company's President, Chief Executive Officer, Chief Financial Officer, Treasurer, Secretary and Director effective on August 15, 2008.
Chin Yung Kong, President, Chief Executive Officer, Chief Financial Officer, Secretary & Director.
Mr. Chin Yung Kong, age 55, is a financial advisory consultant's devoting most of his time managing his own financial advisory firm's in China and Singapore dealing with Pre-IPO investments and advising Chinese clients with the process and procedures for going public in the United States.
Item 9.01 Exhibits
The following Exhibits are filed herein:
Exhibits
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