Perfect Hexagon Group agreed to acquire HHG Capital Corporation (NasdaqCM:HHGC) from Kok Wai Hooy, Chee Shiong (Keith) Kok, Shuk Man (Lora) Chan, Kym Hau, Hock Lye Benjamin Ho, Weiyi Di and others on August 2, 2023. PH's current management team is currently expected to continue running the combined company after the transaction. Following the Business Combination, Perfect Hexagon will be a publicly traded company listed on a stock exchange in the United States.

The transaction is subject to approved by HHG Capital?s shareholders. Transaction is expected to be completed in the fourth quarter of 2023, the combined company will be named Perfect Hexagon Holdings Limited and listed on NASDAQ under the symbol "PHGL" The transaction is approved by board of directors of Perfect Hexagon Group and HHG Capital Corporation. Ogier acted as legal advisor to Perfect Hexagon Group and Loeb & Loeb LLP acted as legal advisor to HHG Capital Corporation.

American Stock Transfer & Trust Company acted as transfer agent to HHG Capital Corporation.