UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of report (date of earliest event reported): October 9, 2007
Asia Global Holdings Corp.
(Exact name of Registrant as specified in its charter)
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NEVADA | | 333-64804 | | 75-3026459 |
| (State of incorporation | | (Commission file number) | | (I.R.S. employer identification |
| or organization) | | | | number) |
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1601-1604 CRE Centre 889 Cheung Sha Wan Road Kowloon, Hong Kong (Address of principal executive offices) | | (Zip code) |
Registrant’s telephone number, including area code: 213-243-1503
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 8.01 Other Information.
On October 9, 2007, the Company, pursuant to an Employment Agreement with Mr. Michael Mak (See Form 8-K filed with the Commission on October 30, 2006), has issued Mr. Mak Five Hundred Thousand (500,000) Shares of Series A Convertible Preferred Stock (“Series A Shares”).
On October 9, 2007, the Company received a written notice from Mr. Mak indicating that he intends to convert One Hundred Thousand (100,000) Shares of his Series A Shares into Twenty Million (20,000,000) 144 Restricted Shares of Common Stock.
On October 9, 2007, the Company authorized the conversion of the specified number of shares for conversion and sent a request to the Company’s Transfer Agent, through the Company’s Corporate Counsel, to convert One Hundred Thousand (100,000) Shares of Mr. Mak’s Series A Preferred into Twenty Million (20,000,000) 144 Restricted Shares of Common Stock.
The conversion took place on October 10, 2007.
Item 9.01. Financial Statements and Exhibits
Exhibit No. Description
| 99.1 | Board of Director Resolution authorizing the issuance of Series A Shares to Mr. Mak dated September 6, 2007 |
| 99.2 | Board of Director Resolution authorizing the conversion of Series A Shares into 144 Restricted dated October 9, 2007 |
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| | ASIA GLOBAL HOLDINGS CORP. |
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| Dated: October 10, 2007 | By: | /s/ Michael Mak |
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Michael Mak, President |
