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Most Kwai Chung Ltd. Schedules Crucial AGM
MOST KWAI CHUNG: 2024 Annual Report
Most Kwai Chung Unit to Buy 31% Additional Stake in Advertising Firm
Most Kwai Chung Increases Ownership in Subsidiary
Most Kwai Chung (01716) plans to acquire To Be Honest Limited for HKD 2.9082 million, increasing its stake from 31% to 51% of the issued share capital.
On July 11, 2024, Most Company C Limited (an indirectly wholly-owned subsidiary of the company) entered into a share purchase agreement with the seller according to the terms and conditions of the agreement to acquire and the seller agreed to sell the sale shares (which together represent 31% of the issued share capital of the target company, To Be Honest Limited) for a consideration of HKD 2.9082 million. As of the date of this announcement and prior to completion, Seller A and Seller B respectively own 37.5% and 37% of the target company.
Express News | Most Kwai Chung - Acquisition of 31% of Issued Share Capital of to Be Honest Ltd for HK$2.9 Mln
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