Group 1 - The company announced the sale of its entire stake in target companies Big Focus and Rich Joy for a total consideration of HKD 500,000, to be paid in cash [1] - Upon completion of the sale, the target group's financial performance will no longer be consolidated into the company's financial statements [1] Group 2 - The board believes the sale price is fair and reasonable, benefiting the company and its shareholders by alleviating financial burdens associated with ongoing losses and maintenance costs [2] - The divestiture allows the company to streamline operations and focus on core competencies, enhancing overall performance [2] - Disposing of underperforming assets will free up resources, enabling the company to reallocate capital to more profitable business areas, thereby creating higher returns for the company and its shareholders [2]
NEXION TECH(08420.HK)拟50万港元出售Big Focus及Rich Joy全部股权