Investing.com
Published Jun 05, 2025 05:50PM ET
FDCTech, Inc. (PINK:FDCT), a prepackaged software services company, has announced the formation of a new wholly owned subsidiary, Prime Intermarket Group Eurasia (PIG Eurasia). Incorporated in the Republic of Mauritius, this new entity will operate under a full-service investment dealer license, excluding underwriting, as regulated by the Financial Services Commission of Mauritius.
The subsidiary's establishment on May 27, 2025, is part of FDCTech's strategic initiative to broaden its international financial services footprint. PIG Eurasia is structured as a private company limited by shares and aims to engage in dealing with regulated securities, providing investment advisory services, and facilitating brokerage transactions in global markets. The move positions FDCTech to serve clients across Asia, the Middle East, and Africa, leveraging Mauritius's reputation for financial innovation and regulatory clarity.
FDCTech is classified as an emerging growth company under the Securities Act of 1933 and the Securities Exchange Act of 1934, and the formation of this subsidiary is considered a material development for its international operations and regulatory licensing. The information is based on a recent SEC filing.
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Written By: Investing.com
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