King Resources Global, Inc. (OTCQB: KRFG) Subsidiary Heavenly Grace Limited Acquires 23 Collectible Items Valued at $68.9 Million
HONG KONG, Sept. 5, 2026 /PRNewswire/ -- King Resources Global, Inc. (OTCQB: KRFG) ("KRFG" or the "Company") is pleased to announce that its wholly owned subsidiary, Heavenly Grace Limited ("HGL"), has entered into a purchase agreement with Herbertini Limited to acquire twenty-three (23) collectible items.
Transaction Highlights
The collection has been independently valued at an aggregate amount of $68,908,500. Under the terms of the purchase agreement, HGL will acquire the collection for $23,399,165, representing approximately 33.96% of the appraised value.
Management Commentary
"We are pleased to have successfully negotiated the acquisition of these collectible items at what we believe is an attractive purchase price," said Polin Wong, Chief Executive Officer of Heavenly Grace Limited. "This transaction reflects our continued commitment to identifying opportunities within the collectibles market and enhancing the value of our investment portfolio."
The Company also recently completed its reincorporation from Delaware to Nevada and now operates under the name King Resources Global, Inc.
About King Resources Global, Inc.
King Resources Global, Inc. (OTCQB: KRFG) is a diversified holding company focused on acquiring, developing, and growing high-potential businesses. Through its subsidiaries, including Heavenly Grace Limited, the Company seeks to generate sustainable revenue streams and create long-term shareholder value through business consulting services and investments in high-value collectible assets.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable federal securities laws. All statements other than statements of historical fact are forward-looking statements. These statements are often identified by words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "will," and similar expressions.
Forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, risks associated with operating in Hong Kong, potential regulatory developments, competitive pressures, capital requirements, and other factors described in the Company's filings with the U.S. Securities and Exchange Commission.
Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release. The Company undertakes no obligation to update or revise any forward-looking statements, except as required by law.
Media Contact
Parkson Yip
Email: parkson.yip@xbe.com
source: King Resources, Inc.