The company already owns 19.9% of the capital of 4B on a fully diluted and converted basis. Turnout has now increased to 37.03 percent.
4B, which was incorporated in November of last year, is in the business of enabling real estate developers and real estate brokers to communicate with each other and conduct their business through the broker network platform. He helps brokers to conduct site visits and provide mortgage related services to their clients.
“The company has agreed to acquire an additional 4,245 mandatory convertible preferred shares (CCPS) to increase its stake in 4B from 19.9% to 37.03% on a fully diluted and converted basis,” the file said.
He added: “As part of the company’s strategic investments, the investment would help the company to strengthen its offering in the real estate segment by providing a new platform for real estate professionals to conduct their business. effectively.