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
September 17, 2014
Date of Report
(Date of Earliest Event Reported)
HEYU DEVELOPMENT AND MANAGEMENT CORPORATION
(Exact Name of Registrant as Specified in its Charter)
DISTANT VALLEY ACQUISITION CORPORATION
(Former Name of Registrant as Specified in its Charter)
Delaware 000-55225 47-1360541
(State or other
jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
No. 56 Halaman Bukit Gambir 9
Sunway Bukit Gambier
11700 Gelugor, Penang, Malaysia
(Address of principal executive offices) (zip code)
(+6) 012-470-5688
(Registrant's telephone number, including area code
215 Apolena Avenue
Newport Beach, California 92662
(Former Address of Principal Executive Offices)
ITEM 3.02 Unregistered Sales of Equity Securities
On September 18, 2014 Heyu Development and Management Corporation
(formerly Distant Valley Acquisition Corporation) (the "Registrant" or
the "Company") issued 10,000,000 shares of its common stock pursuant to
Section 4(2) of the Securities Act of 1933 at par representing 100% of
the total outstanding 10,000,000 shares of common stock as follows:
10,000,000 Ang Ban Siong
With the issuance of the 10,000,000 shares of stock and the redemption of
20,000,000 shares of stock (discussed below), the Company effected a change in
its control and the new majority shareholder(s) elected new management of the
Company. The Company may develop its business plan by future acquisitions or
mergers but no agreements have been reached regarding any acquisition or other
business combination. The Company changed its name as part of the change in
control. If the Company makes any acquisitions, mergers or other business
combination, the Company will file a Form 8-K but until such time the Company
remains a shell company.
ITEM 5.01 Changes in Control of Registrant
On September 17, 2014 the following events occurred which resulted
in a change of control of the Registrant:
1. The Registrant redeemed an aggregate of 20,000,000 of the then
20,000,000 shares of outstanding stock at a redemption price of $.0001
per share for an aggregate redemption price of $2,000.
2. The then current officers and directors resigned.
3. New officer(s) and director(s) were appointed and elected.
The disclosure required by Item 5.01(a)(8) of Form 8-K was previously
filed with the Securities and Exchange Commission on Form 10-12G filed on
June 18, 2014 as amended and supplemented by the information contained in
this report.
The Registrant intends to be part of the Heyu Group of companies which
will serve as an international property developer operating and managing
high-end residential properties. The Company intends that it will develop
its business plan through the acquisition or business combination with an
existing private company or otherwise through growth and development of its
projects. No agreements have been executed and if the Registrant makes any
acquisitions, mergers or other businesscombination, it will file a Form 8-K
reporting such event(s).
ITEM 5.02 Departure of Directors or Principal Officers;
Election of Directors
On September 17, 2014, James M. Cassidy resigned as the Registrant's
president, secretary and director.
On September 17, 2014, James McKillop resigned as the Registrant's
vice president and director.
On September 17, 2014, Ang Ban Siong was named the director of the
Registrant.
On September 17, 2014, the following individuals were appointed to
the offices of the Registrant as listed below:
Ang Ban Siong Chief Executive Officer,
Secretary and Treasurer
Ang Ban Siong began his career at Bursa Stock Exchange in Malaysia.
Mr. Ang has been involved in hotels and property development and management
in China as a consultant since 2006. He founded the HEYU group of companies
in Hong Kong and China in 2010. Mr. Ang received his Bachelor Degree in
Information Technology from the University of Southern Queensland, Australia
and received his Masters of Business Administration and Doctor of Business
Administration degrees from Ansted University. Mr. Ang holds several
professional memberships in the United Kingdom. With his background in the
hotel and property development and management field and his education, HEYU
believes Mr. Ang to have the experience and knowledge that will serve the
Registrant in managing and development the hotel chain business successfully.
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 hereunder duly authorized.
HEYU DEVELOPMENT AND MANAGEMENT CORPORATION
Date: September 18, 2014 Ang Ban Siong
Chief Executive Office
