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HEGA Incorporation Limited (“HEGA” or the “Company”), is pleased to announce that the company has completed the acquisition of 55% equity interests in Novel Idea Holdings Limited (“Novel Idea”), at a consideration of HK$45 million from a Hong Kong listed company.

Novel Idea is principally engaged in developing and operating an online cryptocurrency derivative trading platform – DeriveX. The newly developed platform is available on both desktop and mobile, and provides easy-to-use Bitcoin (BTC) call/put option trading. The company is looking to integrate its content into the Teleman App to both enhance its existing contents, and create synergetic effect.