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MATRIX HOLDINGS(01005)附属拟223.6万澳元出售34匹马

MATRIX HOLDINGS (01005) subsidiary plans to sell 2.236 million australian dollars worth of 34 horses.

Zhitong Finance ·  Sep 25, 2024 20:06

MATRIX HOLDINGS (01005) announced that on September 25, 2024 (trade...

According to the announcement of MATRIX HOLDINGS (01005) on the Zhitong Finance app, after the trading session on September 25, 2024, the seller, Viribright Racing Pty. Limited (an indirect wholly-owned subsidiary of the company), signed a sales and purchase agreement with the buyer, under which the buyer agreed to acquire and the seller agreed to sell the target assets for a total consideration of 2.236 million Australian dollars.

The buyer, Domeland Pty. Limited, is considered to be Cheng Rongbin's associate, who is a director of Domeland Pty. Limited, the chairman and executive director of the company, and also a controlling shareholder of the company.

The target assets are 34 horses owned by the seller as of the date of this announcement. The original acquisition cost of the target assets was approximately 5.43 million Australian dollars.

The announcement stated that since 2019, the group has been planning a real estate development project in Da Nang, Vietnam. However, due to the company's delayed land acquisition and the sluggish performance of the company's core manufacturing business, the company will reduce the capital investment in the related development project. Therefore, the company plans to sell the target assets and suspend the horse racing business that was originally intended to be part of the related development project.

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