Overview
We are currently a "shell company" with no meaningful assets or operations other
than our efforts to identify and merge with an operating company.
We were incorporated in the State of Nevada on June 13, 2012. Our current
business office is located at No. 45-2, Jalan USJ 21/10, Subang Jaya 47640,
Selangor Darul Ehsan, Malaysia. Our telephone number is +6012 697 1115. We do
not have a corporate website.
We were initially an exploration stage company under the name of Freedom
Petroleum Inc. (changed to Steampunk Wizards, Inc., effective on July 2, 2015)
that originally intended to engage in the exploration and development of oil and
gas properties. In April 2015, after reviewing the markets with investor
appetite and management's duties to its shareholders, the Company determined to
discontinue its oil and gas operation. We then began exploring opportunities in
the computer gaming and application industry.
We engaged in computer game development until October 13, 2016, when control of
our company changed pursuant to a share purchase agreement and a spin-off
agreement. On October 26, 2016, our corporate name was changed from "Steampunk
Wizards, Inc." to "Tianci International, Inc." The name change was effected on
November 27, 2016, in connection with the merger of us into our then subsidiary,
Tianci International Inc.
Effective April 6, 2017, we effectuated a 1-for-40 reverse stock split (the
"2017 Reverse Stock Split") of our issued and outstanding shares of common
stock, $0.0001 par value, whereby 49,854,280 outstanding shares were exchanged
for 1,246,357 shares of our common stock. Common share amounts and per share
amounts in these accompanying financial statements and notes have been
retroactively adjusted to reflect this reverse stock split.
On August 3, 2017, we entered into a Stock Purchase Agreement (the "SPA") with
Shifang Wan (the "Seller"), the record holder of 4,397,837 common shares, or
approximately 87.00% of the issued and outstanding of Common Stock of the
Company, and Chuah Su Chen and Chuah Su Mei (collectively, the "Purchasers", and
together with the Company and the Seller, the "Parties"). Pursuant to the SPA,
the Seller sold to the Purchasers and the Purchasers acquired from the Sellers
the Shares for a total gross purchase price of Three Hundred Fifty Thousand
Dollars ($350,000). The acquisition was consummated on August 15, 2017. The
Purchasers used personal funds to acquire the Shares.
Upon the consummation of the sale, Ms. Cuilian Cai resigned from her positions
as director, Chief Executive Officer and Chief Financial Officer of the Company.
Her resignation was not due to any dispute or disagreement with the Company on
any matter relating to the Company's operations, policies or practices. The
following individuals were also appointed to serve in the positions set forth
next to their names below:
Name Position
Chuah Su Chen Director, Chief Financial Officer and Secretary
Chuah Su Mei Director, Chief Executive Officer and President
Yeow Yuen Kai Director and Chief Technology Officer
Jerry Ooi was appointed to serve as a director effective August 30, 2017. Mr.
Kai resigned from his position as the Chief Technology Officer effective
September 20, 2017, and his position on our Board effective August 31, 2019.
Historical Activities
© Edgar Online, source Glimpses
TIANCI INTERNATIONAL, INC. 
