Summary by Moomoo AI
NWS Holdings Limited ("NWS Holdings") announced on September 25, 2024, that its wholly-owned subsidiary, Glorious Hope Limited (the "Purchaser"), has completed the acquisition of all equity interests and shareholder loans (if applicable) of GCD4 LLC and Goodman Chengdu Fourth Development Limited (collectively the "Target Companies") from Goodman Developments Asia and Goodman China Logistics Holding Limited (collectively the "Sellers") on January 12, 2023. The transaction includes a lease guarantee arrangement, with the Sellers providing the Purchaser with a reduced lease guarantee amount within 12 months after completion. The reduced lease guarantee amount at the end of the lease guarantee period is approximately RMB 3.6 million, which has been deducted from the final consideration paid by the Purchaser. The board of directors of NWS Holdings believes that the Sellers have fulfilled their relevant obligations, and there are no other performance-related guarantees to disclose. The company will disclose this matter in the annual report to be sent or provided to shareholders in October 2024.