Group 1 - The company, Garmin Group Holdings, announced that Wellford Properties has not yet entered into any final agreements with potential buyers regarding a potential transaction, and the exclusivity period will end on September 15, 2025 [1] - On September 22, 2025, the company signed a non-binding indicative term sheet with a potential buyer for the sale of a portfolio of four data center projects, which includes the acquisition of all shares of Wellford Properties Holdings Limited (WPHL) and the acquisition of all shares of Wei Feng Properties Limited [1][2] - The total potential consideration for the potential sale is HKD 5.25 billion [1] Group 2 - As part of the transaction, WPHL will undergo an internal restructuring to hold all shares of the target group companies, which include various data center entities registered under Hong Kong law [2] - Wei Feng, a company fully owned by WPHL, will be divested from WPHL as part of the restructuring [2] - The board believes that the single, comprehensive offer for the entire data center asset portfolio aims to provide greater strategic advantages and certainty for the company's deleveraging goals [3] Group 3 - If the potential sale is realized, most of the net proceeds are expected to be used to repay the company's bank borrowings, thereby reducing a significant portion of its debt and lowering financial costs [3] - The board considers that entering into the term sheet and the potential sale (if realized) aligns with the overall interests of the company and its shareholders [3]
佳明集团控股(01271)拟52.5亿港元出售四个数据中心项目的整个组合