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SINOLINK HOLD (01168.HK) intends to acquire a 51% stake in RGAP for 2 million USD.
Gelonghui, December 20 - SINOLINK HOLD (01168.HK) announced that SINOLINK Shanghai Investment and RSI entered into this agreement on December 20, 2024. According to the terms and conditions of this agreement, RSI has agreed to sell, and SINOLINK Shanghai Investment has agreed to purchase all A shares held by RSI. Upon delivery, RGAP will become a wholly-owned subsidiary of the company. The consideration for this Trade is 2 million USD (approximately 15.56 million HKD). After the completion of the Investment Agreement and up to the announcement date, RSI holds 510 A shares of RGAP and SINOLINK Shanghai Investment holds RGAP's.
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