ATPC Agape ATP Corporation

 

 

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: August 27, 2024

 

AGAPE ATP CORPORATION

(Exact name of registrant as specified in its charter)

 

Nevada		001-41835		36-4838886
(State or other jurisdiction		(Commission		(IRS Employer
of incorporation)		File Number)		Identification No.)

 

1705 – 1708, Level 17, Tower 2, Faber Towers, Jalan Desa Bahagia,

Taman Desa, Kuala Lumpur, Malaysia 58100

(Address of principal executive offices) (Zip Code)

 

+(60) 192230099

(Registrant’s telephone number, including area code)

 

N/A

(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):

 

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $0.0001 per share		ATPC		NASDAQ Capital Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging Growth Company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

Item 1.01 Entry into a Material Definitive Agreement

 

On August 19, 2024, ATPC Green Energy Sdn. Bhd.(“ATPC Green Energy”), a subsidiary of Agape ATP Corporation (the “Company”), entered into a Collaboration Agreement (the “Collaboration Agreement”) with Phoenix Green Energy Sdn Bhd.(“PGE”), pursuant to which the Company and Phoenix will collaborate on the project: “ AGAPE ATP Corporation Explores Solar Power Solutions with PGE”.

 

On August 27, 2024, the Company issued a press release (the “Press Release”) announcing the Collaboration Agreement. A copy of the Collaboration Agreement and the Press Release is furnished as Exhibit 99.1 and 99.2, respectively to this Current Report on Form 8-K and incorporated herein by reference.

 

Item 9.01. Financial Statements and Exhibits. 

 

c) Exhibits

 

99.1	Collaboration Agreement between ATPC Green Energy and PGE dated August 19, 2024
99.2	Press Release, dated August 27, 2024
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

SIGNATURE

 

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.

 

	AGAPE ATP CORPORATION
Date: August 27, 2024	By:	/s/ How Kok Choong
	Name:	How Kok Choong
	Title:	Chief Executive Officer, President, Director, Secretary and Treasurer (Principal Executive Officer)

 

 

Exhibit 99.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exhibit 99.2

 

 

PRESS RELEASE

For Immediate Distribution

 

ATPC Partners with Phoenix Green Energy to Drive Solar Innovation and Enhances ESG Initiatives

Joint Effort to Accelerate Solar Technology Development and Promote Sustainable Practices

 

KUALA LUMPUR, 27 AUGUST 2024 – NASDAQ-listed AGAPE ATP Corporation (“ATPC”), a growing player in the field of sustainable energy solutions, through its subsidiary, ATPC Green Energy Sdn. Bhd. (“ATPC Green Energy”) has entered into a strategic collaboration with Phoenix Green Energy Sdn. Bhd. (“PGE”) to accelerate the development and commercialisation of cutting-edge solar power solutions in Malaysia. This partnership underscores ATPC’s commitment to expanding its green energy portfolio and reinforcing its Environmental, Social, and Governance (“ESG”) initiatives.

 

The collaboration agreement outlines a comprehensive plan to jointly develop and commercialise a targeted portfolio of solar products, including amorphous thin-film solar panels and related technologies . These innovations are intended to support a wide array of applications, particularly in electrical power production, contributing to Malaysia’s transition to sustainable energy.

 

 

L-R: Prof Dato' Sri Dr How Kok Choong, the Founder and Global Group CEO of ATPC and Heng Huachuin, the Vice President of Phoenix Green Energy Sdn. Bhd. (link)

 

Prof Dato’ Sri Dr How Kok Choong, the Founder and Global Group CEO of ATPC, remarked, “This collaboration is pivotal for our subsidiary, ATPC Green Energy as we seek to broaden our green energy offerings and enhance our impact on the environment. By working with Phoenix Green Energy, we are not only advancing solar technology but also strengthening our ESG commitments. This partnership positions us to deliver innovative solutions that align with global sustainability goals and drive long-term growth for our company.”

 

Through this partnership, ATPC Green Energy and PGE will combine their expertise to develop high-efficiency solar products that meet the growing demand for renewable energy in Malaysia and the ASEAN region. The collaboration will involve leveraging PGE’s technical consultancy in solar power systems and ATPC Green Energy’s experience in delivering comprehensive energy-saving solutions. This synergy is expected to accelerate the adoption of solar energy, reduce carbon footprints, and contribute significantly to Malaysia’s renewable energy landscape.

 

Heng Huachuin, the Vice President of Phoenix Green Energy, added, “Our collaboration with ATPC Green Energy represents a significant opportunity to innovate in the solar energy space. Together, we are poised to deliver solutions that not only meet the energy needs of our clients but also contribute to a more sustainable and environmentally responsible future.”

 

This partnership reinforces ATPC Green Energy’s commitment to environmental stewardship by promoting renewable energy sources and reducing reliance on fossil fuels. The collaboration aligns with ATPC’s broader ESG strategy, which includes driving sustainable practices across its operations, supporting the UN Sustainable Development Goals, and delivering long-term value to stakeholders.

 

###

 

 

About AGAPE ATP Corporation

 

Agape ATP Corporation (ATPC) is dedicated to enhancing the quality of life and promoting sustainable development. With a strong foundation built on two core business pillars, ATPC specialises in the provision of health and wellness products that caters to the diverse needs of its customers, ensuring their well-being and vitality. Additionally, APTC delivers comprehensive energy-saving solutions that empower companies to drive sustainability initiatives, reduce energy consumption, and achieve their sustainability goals.

 

For more information, visit https://atpc.com.my/.

 

 

Issued By: Swan Consultancy Sdn. Bhd. on behalf of Agape ATP Corporation

 

For more information, please contact:

Jazzmin Wan

Tel: +60 17-289 4110

Email: j.wan@swanconsultancy.biz

 

Mandy Tan

Tel: +60 16-477 2257

Email: m.tan@swanconsultancy.biz

 

 

FORWARD LOOKING STATEMENT

 

Certain statements contained in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected benefits and outcomes of the relaunch of ATPC Green Energy, the support from B&H Intec Solution, and the potential for energy-saving solutions in various sectors. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the Company’s ability to execute its strategies, manage growth, and maintain its corporate culture; the Company’s future business development, financial conditions, and results of operations; expectations regarding demand for and market acceptance of our products and services; changes in technology; economic conditions; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in Malaysia and the international markets the Company plans to serve, and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statements contained in this press release speak only as of the date hereof, and AGAPE ATP Corporation specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by law.

 

v3.24.2.u1

Cover	Aug. 27, 2024
Cover [Abstract]
Document Type	8-K
Amendment Flag	false
Document Period End Date	Aug. 27, 2024
Entity File Number	001-41835
Entity Registrant Name	AGAPE ATP CORPORATION
Entity Central Index Key	0001713210
Entity Tax Identification Number	36-4838886
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	1705 – 1708, Level 17, Tower 2, Faber Towers
Entity Address, Address Line Two	Jalan Desa Bahagia,
Entity Address, Address Line Three	Taman Desa
Entity Address, City or Town	Kuala Lumpur
Entity Address, Country	MY
Entity Address, Postal Zip Code	58100
City Area Code	+(60)
Local Phone Number	192230099
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Common Stock, par value $0.0001 per share
Trading Symbol	ATPC
Security Exchange Name	NASDAQ
Entity Emerging Growth Company	false

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