Core Viewpoint - Asia Television Holdings (00707) plans to sell 100% equity of Asia Television (China) Holdings Limited to Mr. Li Xinding for a consideration of HKD 100,000, expecting to recognize a gain of approximately HKD 7.3 million from the sale [1] Group 1: Transaction Details - The sale is set to be completed by July 31, 2025 [1] - The target group primarily engages in media and entertainment services in mainland China [1] - The transaction price is significantly low compared to the expected gain, indicating a strategic divestment [1] Group 2: Financial Performance - The target group has incurred losses over the past three fiscal years [1] - In the most recent fiscal year, the target group reported a net liability [1] - The company aims to divest the loss-making business to focus on better-performing segments, thereby improving its financial condition [1]
亚洲电视控股拟出售亚洲电视(中国)控股有限公司100%股权