IMS Group Holdings Limited acquired Pangaea Holdings Limited from The Garage Investment Limited and Eight Dimensions Investment Limited on May 23, 2017. IMS Group Holdings Limited acquired 0.00055 million shares of Pangaea Holdings Limited from The Garage Investment Limited and 0.00045 million shares of Pangaea Holdings Limited from Eight Dimensions Investment Limited. According to the terms of the consideration, IMS Group Holdings Limited issued 0.000495 million and 0.000405 million shares of IMS Group Holdings Limited to The Garage Investment Limited and Eight Dimensions Investment Limited respectively. IMS Group Holdings Limited completed the acquisition of Pangaea Holdings Limited from The Garage Investment Limited and Eight Dimensions Investment Limited on May 23, 2017.