March 17, 2016 - 6:00 PM EDT
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SC Holdings Corporation, Inc Announces the Formation of Subsidiary SBCS Holdings

SC Holdings Corporation, Inc Announces the Formation of Subsidiary SBCS Holdings



Hong Kong (FSCwire) - SC Holdings Corporation, Inc, (the "Company") (OTC Pink: SCNG) announced today that it is forming a subsidiary Glory Purple International Limited, a privately held company to seek an acquisition in the health care, direct investment and business sector with a strong focus in China and Asia region. The Company has named Chow Kit Lam as officer and Director of Glory Purple.

 

"This is the first step bringing in an acquisition," stated Steve Li, CFO of SC Holdings. "We are looking at various opportunities and should have a target acquisition soon. About SC Holdings, Inc: The Company is seeking to invest in energy related projects including but not limited to providing car rental and leasing along with security monitoring of leased cars,  waste to energy, geothermal collection fields, natural gas and petroleum production. The administrative office is in Hong Kong.

 

SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS

 

This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. These forward-looking statements generally can be identified by phrases such as PTS, Inc. or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new business opportunities and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report for the most recent fiscal year.

 

Contact:

Steve Li

Email:  [email protected]

Telephone: 886 03 3567 006



To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/scholdings03172016.pdf

Source: SC Holdings Corporation (OTC Pink:SCNG)

 

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Source: FSCwire (March 17, 2016 - 6:00 PM EDT)

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