Core Viewpoint - Des Holdings (08437) has announced the sale of its entire issued share capital in Des (Hong Kong) Holdings Limited to Mr. Yan Xianchang for HKD 1, which will result in the target company no longer being a subsidiary of the company and its financial performance will not be consolidated into the group's financial statements [1] Group 1: Transaction Details - The sale agreement was signed on December 31, 2025, after trading hours [1] - The transaction price for the entire issued share capital is HKD 1 [1] Group 2: Financial Impact - The board believes that the sale will not have any significant adverse impact on the overall financial condition and operations of the group [1] - The transaction is expected to reduce liabilities and lower the debt-to-equity ratio, thereby improving the financial condition of the group [1] Group 3: Business Strategy - The sale will allow the group to streamline its operations and reallocate existing resources to focus on core business development [1] - The board considers the terms of the sale to be normal commercial terms, fair, reasonable, and in the overall interest of the company and its shareholders [1]
德斯控股拟出售德斯(香港)控股有限公司全部已发行股本