王振华之女斥资2.2亿收购港股上市公司，卖方转手套利120%

Core Viewpoint - China New Retail Supply Chain (3928.HK) announced a cash acquisition agreement with Wanjing Capital, where Wanjing Capital will acquire 360 million shares from the controlling shareholder Alpine Treasure Limited for a total of HKD 222.8 million, representing 75% of the company's issued share capital at a price of HKD 0.6189 per share [2][5]. Group 1: Acquisition Details - Wanjing Capital has also made a mandatory unconditional cash offer for the remaining shares at the same price of HKD 0.6189 per share, amounting to HKD 74.268 million [5]. - The acquisition price represents an 82.32% discount compared to the company's share price of HKD 3.5 before suspension, but it is at a premium of approximately 75.95% over the company's net asset value per share as of March 31, 2025 [5]. Group 2: Funding and Management - The acquisition will be funded through internal resources without any external financing arrangements [6]. - Wanjing Capital is wholly owned by Wang Kaili, who has a background in literature and public relations from prestigious universities and has been involved in investment opportunities since 2024 [6]. Group 3: Ownership and Control - Wang Kaili is the daughter of Wang Zhenhua, the actual controller of New World Group, and the acquisition is funded through her rights as a beneficiary of the Hua Sheng Trust established by her father [7][8]. - The seller, Alpine Treasure Limited, gained control of China New Retail Supply Chain in 2024 for HKD 100 million and has now sold its shares for a profit of HKD 122.8 million, achieving a return of over 120% within one year [10][12]. Group 4: Company Profile - China New Retail Supply Chain Group Limited is a Cayman Islands registered company primarily engaged in construction services and property investment in Singapore, including civil engineering, building construction, logistics, and rental services for residential and industrial properties [9].