Core Viewpoint - Star Finance (BVI) Limited, a wholly-owned subsidiary of Star Group (01560), has entered into a sale agreement with Yuhe Group Limited to sell its entire issued share capital and debt of Star Credit Limited for a total consideration of HKD 14.56 million [1] Group 1: Transaction Details - The sale agreement was signed on August 27, 2025, after trading hours [1] - The total consideration for the sale is HKD 14.56 million [1] Group 2: Rationale for Sale - The target company was incorporated into the group on November 10, 2016, to provide financing for buyers of the group's properties [1] - The board believes it is an appropriate time to sell the business to reduce the group's borrowing and interest burden and enhance general working capital [1][1]
星星集团(01560)附属拟出售星星信贷全部已发行股份