Indo Global Exchange(s) PTE, Ltd. formerly Claridge Ventures Inc. was incorporated
in the State of Nevada on May 7, 2008. The Company was organized to develop
business opportunities.
Indo Global Exchange(s) Pte. Ltd. (the “Company”) established International
Global Exchange (AUST) (“IGE”) established 2015 and , PT GriyaMatahari
Bali (Indonesia) established 2014 These companies were established to allow
the company to operate in the countries of Australia and Indonesia to open bank
accounts only.
On September 23, 2013 (the “Closing Date”), Indo Global Exchange(s)
Pte. Ltd., a Nevada corporation (formerly Claridge Ventures, Inc.) (the “Registrant”
or “Company”), closed an asset purchase transaction (the “Transaction”)
with Indo Global Exchange PTE LTD., a company organized under the laws of Singapore
(“Indo Global”) and the shareholders of Indo Global (“Selling
Shareholders”) pursuant to an Amended and Restated Asset Purchase Agreement
dated as of the Closing Date (the “Purchase Agreement”) by and among
the Company, Indo Global, and the Selling Shareholders.
In accordance with the terms of the Purchase Agreement, on the Closing Date,
the Company issued 43,496,250 shares of its common stock (the “Shares”)
directly to the Selling Shareholders in exchange for certain assets of Indo
Global (the “Assets”) including, rights to enter into certain agreements
and certain intellectual property. The Company did not acquire any plant and
equipment, and any other business and operational assets of Indo Global as part
of the Assets, and the Company did not hire any employees of Indo Global. Indo
Global will continue as an independent company, operating in Singapore after
the Transaction.
On May 29, 2014, Indo Global Exchange(s) Pte. Ltd. (the “Company”)
entered in to an engagement agreement (the “Agreement”) with International
Global Exchange (AUST) (“IGE”), PT GriyaMatahari Bali, and Kina
Securities Limited (“Kina”) with an effective date of November 25,
2013. Pursuant to the terms of the Agreement, Kina appointed the Company, IGE
and PT GriyaMatahari Bali (collectively, “IGEX”) to provide certain
services to Kina, including use of IGEX’s comprehensive online trading
platform for Kina referred clients, which platform includes access to 21 global
equity exchanges, account statements in real time, live streaming news and other
features and capabilities. The term of the Agreement is ten (10) years and may
be terminated for cause or without cause upon120 days’ notice to the other
party. Kina may terminate the Agreement for cause upon the occurrence of certain
events, including the following: IGEX (i) has a liquidator or receiver appointed,
(ii) becomes an externally administered body, (iii) passes a resolution for
winding up, (iv) is guilty of any fraudulent act or willful misconduct which
is related to the Agreement, or (v) breaches the terms of the Agreement.
We plan to offer financial market access to customers globally, with access
to approximately thirty (30) global equity exchanges for trading in securities,
approximately thirty (30) global equity exchanges for trading in Contract for
Differences (CFD). These include the Euro Zone, United Kingdom, Japan, Asia,
Oceania, and Canada. Trading will include approximately 180 currency pairs in
spot (cash), forwards and options, gold and silver trading in spot (cash), forwards
and options, financial futures, indices and commodity CFD’s and Exchange
Traded Funds..
All of our customers will have access to, among other features, the trading
platform, 24 hour technical support, personal account manager, remote phone
access to staff, the ability to place online or phone orders or amend orders,
private remote chat facility, free seminar programs including webinars, free
software upgrades, technical and fundamental analysis, free fully functional
simulation platform, the help desk for technical issues, one on one platform
instruction, and free charting package.
In October 2014, we designed and implemented a white label application on the
back of the FxPro Super trader via Investor Limited Pty LTD with a introducer
agreement product which will provide a unique offering, allowing 3 times leverage
to all of our Supertrader accounts. Whereby with a minimum investment of USD 10,000,
the clients will be given a line of credit of USD 20,000 giving a total investment
portfolio of USD 30,000.