GALAX TRADING CO., LTD. — OFAC Entity (815)

Galax Trading Co., Ltd. has been added to the SDN list under the Entity sanctions program. This means U.S. persons are prohibited from engaging in transactions with them. Their assets may also be frozen.

• •Galax Trading Co., Ltd. added to the SDN list.
• •Sanctioned under the Entity program.
• •U.S. persons prohibited from transactions.
• •Assets under U.S. jurisdiction are frozen.
• •An OFAC listing typically cuts off normal business with U.S. entities immediately.

U.S. persons must cease any transactions with Galax Trading Co., Ltd. and ensure compliance with asset freezes. This could significantly impact their business dealings.