Sunny Side Up (08082) announced that on July 12, 2024 (after the trading session), the seller Grand Creation Investments Limited (a wholly-owned subsidiary of the company) and the buyer Ma Pinxi signed a sales agreement, on which (including), the seller conditionally agrees to sell, and the buyer conditionally agrees to purchase the sale shares (equivalent to all the issued shares of the target company, Hong Kong Man Fook Investments Limited) and sales loans, with a total price of 3.8 million Hong Kong dollars.
The announcement stated that the sale of the subject matter provides an opportunity for the group to realize its investment in the target company, avoid the administrative time, resources and energy required for the target group to liquidate after the expiration of the operating rights in Huaiji, and realize its investment in the target group at a reasonable price in order to seek other business opportunities.