JAAG Enterprises Ltd.
JAGL
Other OTC0.00
USD
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JAAG Enterprises Ltd.
JAGL
(Other OTC)
Recent
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- JAAG Enterprises Ltd. (JAGL) is a Nevada-incorporated holding company headquartered at 1716 13 Avenue NW, Calgary, Alberta, Canada T2N 1L1, that, through its wholly owned subsidiary JAAG Uniform Limited, specializes in the design, supply, and distribution of a wide range of uniform garments and accessories, including custom-designed solutions and generic wholesale uniforms, sourced from clothing manufacturers in Hong Kong and China. The company serves diverse clientele across industries such as luxury retail, sports, health and beauty, hospitality, engineering and manufacturing, property management, hospitals, security, and transportation on both wholesale and retail levels, primarily operating in Hong Kong with administrative functions based in Canada. Founded on January 25, 2022, following the incorporation of JAAG Uniform on November 4, 2021, and the acquisition of the subsidiary on May 27, 2022, JAAG Enterprises operates in the apparel manufacturing sector within the consumer discretionary industry. In a significant recent development, on December 27, 2024, Peng Wu and GuiYing Chang acquired a controlling 66.9% equity stake through a private transaction, leading to the immediate resignation of prior executives Jeffrey Anthony Chau and Billy Chun Yin Chan from all director and officer positions, with Peng Wu appointed as the new CEO, CFO, Director, and Secretary. The company continues to report limited revenues, ongoing operational losses, and reliance on related-party advances and potential equity financing amid going-concern uncertainties as disclosed in its fiscal year 2024 10-K and subsequent 10-Q filings.