SOURCE: Success Holding Group Int'l Inc

September 25, 2014 11:59 ET

Success Holding Group International, Inc. Increases Assets by $2,000,000

TAIPEI, TAIWAN--(Marketwired - Sep 25, 2014) -  Success Holding Group International Inc. (OTCQB: SHGT) ("SHGT") acquired two subsidiaries, Celebrity Enterprise Co. Ltd. and Success Entertainment Group Inc. in August 2014. The two subsidiaries will commence operation in the entertainment business in Asia. SHGT held a board of directors meeting on September 11th, 2014 in Taipei during which it was reported by the President, Brian Kistler, that SHGT increased its assets to approximately $2,000,000USD.

Future Business Operations

SHGT is currently seeking and identifying private and public companies in Asia as acquisition and merger candidates. SHGT is currently trading on the USA OTC markets. However, it is Mr. Chen's vision to have SHGT listed on the NASDAQ in the near future. This will give SHGT more leverage to acquire more and more valuable companies in Asia. Mr. Chen and SHGT will focus on integration of chain stores and brand names, IOT (Internet of Things), alternative energy technology, internet and logistics. Mr. Chen stated "Through the newly structured public company, we will be able to pursue more aggressively to acquire quality companies in Asia. We have plans to invest or acquire up to 30 companies within the next ten to fifteen years, and our shareholders should be able to reap the benefit of the higher growth potential in the Asia region."

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is intended to qualify for the safe harbor from liability created by those laws. When used in this press release, the words "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "plan", "potential", "predict", "project", "should", "will", and similar expressions, are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Such statements involve known and unknown risks and uncertainties, many of which are beyond our control. All statements, other than statements of historical facts included in this press release regarding our strategy, future operations, financial position, prospects, plans, and objectives of our management are forward-looking statements. Our actual results could differ materially and adversely from those anticipated in such forward-looking statements as a result of certain factors, including, but not limited to, the success of our on-going product development efforts, adverse results of any legal proceedings, diverse economic and competitive conditions, and any such difference may be caused by risk factors listed from time to time in the Company's press releases and/or its filings with the OTC Markets or as a result of other factors. We undertake no obligation to publicly update or revise any forward-looking statement to reflect actual results or changes in assumptions or other factors that could affect those statements. 

Contact Information

  • Investor Relations Contact Information
    M & T Business Consultancy Company
    Toll Free: 1-855-465-9520
    Office: 1-778-397-8700
    E-mail: info@mandtbiz.com
    Company Website: www.shgtusa.com