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EX-2.03 - SALE AND PURCHASE AGREEMENT - Touchpoint Group Holdings Inc.ex203.htm

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):  June 11, 2010



Intelligent Communication Enterprise Corporation

(Exact name of registrant as specified in its charter)

 

 

 

 

 

Pennsylvania

 

0-10822

 

25-1229323

(State or other jurisdiction of

 

(Commission File Number)

 

(IRS Employer

incorporation or organization)

 

 

 

Identification No.)

 

 

 

 

 

13 Spottiswoode Park Road

 

 

Singapore

 

088640

(Address of principal executive offices)

 

(Zip code)

 

 

 

Registrant’s telephone number, including area code:  

 

011-65 6324-0225

 

 

 

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:


¨

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))




ITEM 2.01—COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS


On June 11, 2010, Intelligent Communication Enterprise Corporation (“ICE Corp.”) entered into an agreement to sell 50,000 shares of Radius-ED Limited, its subsidiary, which represented 100% of the outstanding and issued shares of Radius, to Power Centre Holdings Limited.  Under the terms of the agreement, Power Centre Holdings agreed to pay ICE Corp. the sum of $500,000 for Radius on or before June 11, 2011.  



ITEM 9.01—FINANCIAL STATEMENTS AND EXHIBITS


The following is filed as an exhibit to this report:


Exhibit

Number*

 


Title of Document

 


Location

 

 

 

 

 

2

 

Plan of Acquisition, Reorganization, Arrangement, Liquidation, or Succession

 

 

2.03

 

Sale and Purchase Agreement between Intelligent Communication Enterprise Corporation and Power Centre Holdings Limited dated June 11, 2010

 

Attached

_______________

*

All exhibits are numbered with the number preceding the decimal indicating the applicable SEC reference number in Item 601 and the number following the decimal indicating the sequence of the particular document.  Omitted numbers in the sequence refer to documents previously filed as an exhibit.  



SIGNATURES


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.



 

INTELLIGENT COMMUNICATION

 

ENTERPRISE CORPORATION

 

Registrant

 

 

 

 

 

 

Date:  June 16, 2010

By:

/s/ Luther Jao

 

 

Luther Jao, Chief Executive Officer





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