New stock news | HK ACQ-Z (07841) passes hearing at Hong Kong Stock Exchange

According to the disclosure of the Hong Kong Stock Exchange on October 2nd, Huide Acquisition (SPAC company, 07841) submitted documents related to the business merger with SYNAGISTICS PTE. LTD. (the target company, hereinafter referred to as "SYNAGISTICS") for a special purpose acquisition company merger transaction (De-SPAC) hearing through the Hong Kong Stock Exchange, with Haitong International and CMB International as joint sponsors. SYNAGISTICS, based in Singapore, was founded in November 2014. As a leading data-driven digital commerce solution platform in Southeast Asia, it provides comprehensive digital commerce solutions to brand partners. It has established a proprietary data-driven digital commerce platform - the Synagie platform, which provides a unified comprehensive solution for brands and consumers in Southeast Asia, streamlining, optimizing and transforming traditional business practices. According to data from Zhishi Consulting, based on projected earnings for 2023, SYNAGISTICS ranks second among all digital commerce solution platforms in Southeast Asia. SYNAGISTICS and its brand partners operate in multiple sectors including fashion and apparel, luxury beauty and healthcare, as well as high-end lifestyle and living. SYNAGISTICS has established partnerships with nearly all major digital commerce channels in Southeast Asia, including online marketplaces like Lazada and social media platforms.