Group 1 - The company announced a conditional sale agreement where it will sell approximately 29.50% of its shares in the target company, Yinjian International Holdings Group Limited, for HKD 81.5868 million, which will be settled by offsetting a loan [1][2] - The sale is deemed necessary due to the large shareholding and low trading volume of the target company, making orderly sales in the public market impractical and potentially detrimental to the company's investment returns [2] - The transaction allows the company to exit its non-liquid investment at an agreed price of HKD 0.12 per share, locking in investment returns and eliminating risks associated with low-price sales in the public market [2] Group 2 - The offsetting of the loan will improve the company's key financial ratios, such as the debt-to-equity ratio, without consuming cash reserves, thereby stabilizing cash flow and simplifying capital structure [2] - The removal of the loan from the balance sheet enhances the company's financial health and increases its ability to access capital markets for future core business plans [2]
珠光控股(01176)附属拟出售银建国际控股集团已发行股份约29.50%