Core Viewpoint - Des Holdings (08437.HK) has entered into a sale agreement to sell its wholly-owned subsidiary, Des (Hong Kong) Holdings, for a consideration of HKD 1, which will result in the subsidiary no longer being consolidated into the group's financial statements [1] Group 1: Transaction Details - The sale agreement is between the company (as the seller) and buyer Yan Xianchang, with the transaction set to complete by December 31, 2025 [1] - Following the completion of the sale, the company will no longer hold any issued share capital of the target company [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-asset ratio, thereby improving the financial position of the group [1] - The sale will streamline business operations and allow for the reallocation of existing resources to focus on core business development [1] Group 3: Fairness of Terms - 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(08437.HK)拟出售德斯(香港)控股全部股本