Summary by Moomoo AI
Superior Air Holdings Group Limited (“Dragon Holdings”) completed the principal transaction on 19 April 2024 for the sale of a 22% shareholding in its target company. Completion of this transaction is pursuant to the Company's announcements and circulars issued on February 26, 2024 and March 26, 2024. Upon completion of the transaction, the target company will remain a subsidiary of Superior Air Holdings, with the buyer holding 78% and 22% of shares, respectively. All the prerequisites of the transaction have been met and announced externally by the Chairman of the company, Fung Chia-min, on April 19, 2024.