Group 1 - The core point of the news is that Wanjiang Capital Limited has made an offer to acquire 360 million shares of China New Retail Supply Chain, representing 75% of the company's total issued share capital, for HKD 222.8 million at a price of HKD 0.6189 per share [1][5]. - China New Retail Supply Chain was listed on the Hong Kong Stock Exchange on September 19, 2019, and has been primarily engaged in construction services and property investment in Singapore [5]. - The company has reported poor financial performance, with total revenues for the three fiscal years ending September 30, 2024, being approximately SGD 6.66 million, SGD 5.56 million, and SGD 5.55 million, and net losses of SGD 1.5 million, SGD 1 million, and SGD 800,000 respectively [5]. Group 2 - Wanjiang Capital is solely owned by Wang Kaili, who is the daughter of Wang Zhenhua, the founder of the New Town Group. Wang Kaili has recently graduated with degrees from Peking University and the University of Sydney [3][4]. - The acquisition will be financed through internal resources, specifically through distributions from the Hua Sheng Trust, which was established by Wang Zhenhua for his family members [5]. - After the acquisition, Wanjiang Capital intends to retain the existing management and employees of China New Retail Supply Chain and continue its current operations while maintaining its listing on the Hong Kong Stock Exchange [7].
新城系创始人王振华之女2.2亿港元收购港股上市公司，后者近3年业绩均亏损