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佰悦集团(08545)拟855万港元出售M .I .P . International Limited 45%股权

Amuse Group (08545) plans to sell 45% equity of M.I.P. International Limited for 8.55 million Hong Kong dollars.

Zhitong Finance ·  Sep 30, 2024 22:06

Amuse Group (08545) announced that on September 30, 2024, the company indirectly wholly-owned subsidiary Kangbai Development Limited...

According to the news from Wisdom Financial APP, Amuse Group (08545) announced that on September 30, 2024, the company's indirectly wholly-owned subsidiary, Kangbai Development Limited, intends to sell approximately 45.00% of the issued share capital of M.I.P. International Limited to Lin Yongze for 8.55 million Hong Kong dollars.

Upon completion, the group will no longer have any direct or indirect equity interest in the company being sold, and the company being sold will no longer be recognized as an associated company of the group. The company being sold is mainly engaged in providing IT network design services, IT solutions, and bundled firewall programs.

The announcement stated that the sale is part of the group's strategic decision to streamline business operations and focus on its core competencies. Over the past few years, the company being sold has made a positive contribution to the overall performance of the group. However, given the current market conditions and the evolving landscape of the technology industry, the board of directors believes that selling the company will enable the group to reallocate resources to its core business areas and better align with the group's long-term strategic goals.

The sale will also provide immediate working capital for the group, which can be used for general working capital purposes and potential investment opportunities. The price of the sale is at a premium compared to the original purchase price paid by the group, demonstrating an appreciation in the value of the company's shares since the acquisition.

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