Public Square
Maxwealth Infinity Holdings Corp to acquire majority shares of LMG Corp

LAST June 6, 2023, Maxwealth Infinity Holdings Corp. ('MIHC'), a Philippine holdings company, entered into a Share Purchase Agreement for the sale of LMG Corp.'s combined stake of 67 percent — as advised by its principal shareholders, Ann Marrieta Sytin, Robinson Siao, and Value Quest Securities, Corp., on behalf of Rommel Sytin, Eduardo Yap, and Brandon Derisk Sy — had decided to sell its shares to MIHC to pursue different business goals, which were not currently aligned with the objectives of the publicly listed company.

MIHC's current investments include interests in various financial and information technology companies. In the coming years, MIHC intends to diversify its business portfolio and expand into the hospitality industry (i.e. leisure and resort businesses, as well as in hotels and restaurants) as well.