Amazing AI to spin off digital asset unit to shareholders, appoints new adviser
LONDON: Fintech firm Amazing AI Plc (AQSE: AAI) said on Tuesday it would spin off 80.01% of its Mauritius-based subsidiary, which holds a digital asset treasury, to its existing shareholders as it looks to focus on its core online consumer loans business. The disposal of Amazing AI Services Ltd, for nil consideration, will see AAI shareholders…